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MORTGAGES NEWS
Organising extraordinary
mortgages for
exceptional clients
By director of mortgages and nance, Lewis Chambers
As the famous saying goes; with great power comes more complex
mortgage applications – or something along those lines. High earning
individuals employed by an organisation, such as directors and
consultants, can get through an application quite simply, however,
business owners or those who have more than one enterprise iron in
the business fire, could possibly encounter a more complex process.
For example; those who have an
inconsistent income, sole traders and
those who receive vested share bonuses
or have additional investment incomes
will encounter a more complex mortgage
application process. Those who have
careers in ‘risky’ industries such as
professional sports or performing arts will
also certainly fall within the same
category.
Earnings might be high during a
certain period of the year or during their
career and lower during others, which
means that nding proof of high income
to lenders who need to underwrite them
can be dicult and time-consuming.
Business owners and high earners who
take out larger mortgages are often seen
as more ‘at risk’ - which is why a concrete
application is essential in order to be
accepted.
These mortgages could be for a high
end residential property which the
applicant plans on making their home, or
one or more buy-to-let investment
properties.
We specialise in handling cases from
across the board and have a breadth of
experience in handling complex cases for
high earners and entrepreneurs. We
provide the best possible quality of
service by going through the following
steps;
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PORTFOLIO MAGAZINE
