Secured High LTV Mortgage for Barrister with Limited Credit Profile

Client Background & Challenges

Our client, a barrister early in their career, was eager to purchase their first property. While their income trajectory was strong, securing mortgage approval proved difficult. Frequent work-related relocations led to a limited credit profile, posing a challenge since many lenders rely heavily on credit history. Obtaining an Agreement in Principle (AIP) was initially challenging.

Several purchases fell through due to unforeseen circumstances or seller withdrawals. However, we maintained close communication with our client, keeping them informed and adapting our strategy as needed. This collaborative approach ensured they felt supported throughout the process.

Tailored Lending Strategy & Outcome

Through our strong lender relationships, deep market knowledge, and understanding of barrister income structures, we presented a compelling case to a suitable lender. As a result, we secured:

• A highly competitive 5-year fixed-rate mortgage
• £385,000 loan amount for a £450,000 property
• An 85% Loan-to-Value (LTV) ratio, reducing the deposit requirement

Expert Insights

"With a proven track record of delivering mortgage solutions for barristers, we understand the nuances of their income and how to position cases effectively. Even with additional complexities, success depends on knowing where to place the case and how to present it for the best outcome."
— Kem Kemal, Co-Founder & CEO, Henry Dannell

This case highlights our expertise in securing bespoke mortgage solutions for barristers facing complex financial circumstances. By leveraging our deep lender relationships and specialist knowledge, we successfully structured a high LTV mortgage, overcoming credit history challenges.