Sponsor offer for members
The mortgage market has recovered from the shock of the financial crisis and is now more innovative and competitive than it has been for a number of years. This can offer particular opportunities for members of the legal profession, as some lenders place additional weight on your expected career path, which may result in you securing special terms whether it be a first time mortgage or re-mortgaging existing properties.
There are a number of crucial points to emphasise when you are seeking mortgage advice:
- Decide if you want to do it yourself, although be aware that some lenders do not make all their products available direct to members of the public
- If you decide to use a mortgage broker ensure they are fully Independent – some that state “whole of market” are not necessarily Independent and may not deal with some of the main lenders
- It is often possible to secure better terms for higher earning professionals, allowing you to borrow up to 5 times your income in certain circumstances
- Mortgage offers cannot be made subject to you also buying the lenders own home insurance or insurance products – better terms for these can be found through an independent financial adviser.
Redbourne Professional Mortgages is a fully independent and impartial mortgage broker, specialising in advising members of the legal profession. As part of our ongoing sponsorship of the Birmingham Law Society we are offering a £100 fee discount for all new mortgages arranged for Law Society members.