Professional Mortgage interest only criteria enhancement

Over the past month, we’ve sat down and enhanced criteria across our products.

In our latest improvement to the Professional Mortgage, we’ve removed the need to meet capital repayment affordability when assessing interest only applications.

This means greater financial flexibility for professionals with diverse income streams.

What else has changed recently?

We’ve…

• Reduced the minimum income for those applying for a Professional Mortgage from £35k to £30k
• Increased the maximum age for applicants from 40 to 50
• Updated our income types to allow projected income from chambers for trainee barristers

Interested to find out more about our Professional Mortgage? Look no further and click here