Mortgages for Barristers 2018-02-12T07:03:06+00:00

Mortgages for Barristers

Fox Davidson secure mortgages for Barristers.

Mortgage brokers work a little differently when catering to the unique needs of a barrister. As a result of the extremely specialised nature of the work barristers do, as well as the varying and unique circumstances their chambers operate under, barristers are a distinct subset when it comes to tailoring mortgages for professionals.

There are several factors barristers face when looking for a mortgage, which can work against them. First and foremost are the problems that arise when it comes to accurately presenting a barrister’s earnings to mortgage lenders.

Part of a lender’s responsibilities is to ensure that applicants can afford the mortgage they are applying for. This is problematic for barristers as their remunerations in a private practice are usually a complex affair. The cash flow of a barrister is frequently restricted by long cases, debts owed by clients and solicitors, as well as the costs incurred from their chambers, travel, and legal subscriptions.

The confluence of these factors lead to the significant underestimation of a barrister’s net worth, as well as their earning potential, and this could if not presented in the right way, have a negative impact on affordability.

Barristers work very long hours and have extremely heavy caseloads, leaving them little time to do the legwork required to find a lenders’ preferences and requirements, to craft an appropriate mortgage application, and follow it up with all the necessary responses to the concerns of the lender.

Fox Davidson work with lenders that understand how a barrister gets paid. For self-employed Barristers we utilise mortgage lenders that can use the latest years income figures or an average of the last 2 or 3 years. We also work with lenders that can work off of projected income figures.

Using a Mortgage Broker

Fox Davidson specialise in securing mortgages for Barristers

As an independent whole of market mortgage broker we have access to lenders that can be flexible with their lending criteria.

When securing mortgage for Barristers we will use our knowledge and contacts to ensure we secure the best possible terms for your situation.

We work on your behalf so that you don’t have to take time out of your busy workload to negotiate with mortgage lenders.

Fox Davidson can secure mortgages for Barristers wishing to finance residential, buy to let and commercial property in the UK.

Next Steps:

  • Call or email one of our professional mortgage brokers. They will complete a short fact find with you and discuss your requirements.
  • We search the market of 1,000’s of mortgage products and discuss your lending proposal with the chosen lender to ensure it meets criteria and is placed with the right lender, first time.
  • Your broker will then present the best possible mortgage terms to you.
  • On acceptance of the proposed terms we will complete all paperwork and handle the entire process from application through to completion on your behalf.

Our direct access to professional mortgage underwriters allow us to build up a case for lending on your behalf.

With our support and correct presentation of the lending proposal we have secured mortgage terms that don’t meet the lenders standards criteria.

To discuss your professional mortgage requirements please contact a broker by email or by calling one of our offices.

Fox Davidson can work on a face to face basis or we can work remotely by phone and email.

Read what our clients have to say about us

I would not hesitate to recommend Fox Davidson to family and friends. I am a first time buyer and therefore the house buying process was a little daunting to start with but I was kept fully up to date throughout the whole process to the point where I would receive an update email at least twice a week.

I was also extremely pleased to find that as well as assisting with the mortgage I was also being provided assistance with home and life insurance. The service I have been provided is definitely good value for money and I am very grateful to everyone at Fox Davidson who has helped me.

Miss R Power , Bristol

Having been let down by another mortgage broker (who seemed to only want to assist with a mortgage if we took other products too) I stumbled across Fox Davidson. As I am based half in London and half in Bristol, they seemed the perfect fit. Having connected with them and receiving prompt, relevant and helpful advice at the outset of our property search, I had no hesitation in coming back for the mortgage itself.

The mortgage application process was rendered painless and they bent over backwards to help with the sale. They also were extremely helpful and supportive when our first purchase collapsed, also managing to make mortgage application #2 equally as smooth. Thank you so much!

K Gibson, London

After using Fox Davidson for my first buy to let purchase I didn’t hesitate to get in touch again when the time came to buy a second property. Being an expat living and working in Thailand I had found through my own research that the options available to me would be limited, however I needn’t have worried. Fox Davidson found me a mortgage that suited my circumstances  perfectly. They have helped to make what could have been a complicated process very simple and stress free.

Great people, Great knowledge, Great service.
Thank you Fox Davidson.

Mr Christopher Hoare , Thailand
View All

Our Awards

Best Small Broker Winner
Business Award
womens awards
womens awards2

Our Partners

partner 8
Partner 7
Partner 4
Tenet Partner