The UK's Best Mortgage Broker
As voted by our customers, five years running
Borrow up to 5.5x your income with a Professional Mortgage
Whether you're a vet, doctor, solicitor or accountant, you could borrow up to 5.5 times your salary with a Professional Mortgage, significantly increasing your total buying budget. Discover what you could afford in under 10 minutes.
Best Mortgage Broker 5 years running
Dedicated mortgage team by your side
Rated 4.8/5 on Trustpilot
What are Professional Mortgages?
Professional Mortgages are offered by some mortgage lenders to those who work in 'professional' lines of work, including NHS staff (see our dedicated guide to NHS and key worker mortgages) as well as solicitors, accountants or surveyors.
Lenders are comfortable letting these buyers borrow more as they see them as lower risk, as they are more likely to remain in work and enjoy regular and predictable salary increases.
Through a Professional Mortgage, you may be able to increase your borrowing from the typical 4.5x income to 5.5x income, which can boost your budget by up to 20%!
Which professions qualify?
Professional Mortgages are available to a wide range of careers that lenders consider lower-risk, including:
- Medical and NHS professionals: doctors, nurses, dentists, pharmacists, optometrists, vets
- Emergency and uniformed services: police, firefighters, military
- Key workers: teachers, social workers, foster carers, civil servants
- Legal and financial professionals: solicitors, accountants, surveyors
Each lender sets its own list of qualifying professions and income multiples, so the best fit for you will depend on your specific role. Read our full guide to who qualifies for a professional mortgage for the complete criteria, or complete your details online with us today to check your eligibility.
Things to consider
All mortgages have risks and benefits. Here are some key things you should know before applying for a Professional Mortgage.
What are the benefits?
Increase your buying budget, even on a low income
With a standard mortgage, lenders typically let you borrow between 4-4.5 times your income. With a Professional Mortgage, you can borrow more, even on a low income. This is because lenders take into consideration future pay increases in your career.
Enjoy increased borrowing with a 5% deposit
If you are purchasing a pre-owned property with a Professional Mortgage, you only need to put down a 5% deposit. This can be extremely helpful for first time buyers who may only have a small house fund saved up.
Boost your budget without outside help
Many buyers turn to a guarantor for support if they can’t borrow enough. With a Professional Mortgage, you won’t need to involve any family members or friends to reach your desired budget.
Risks and considerations
You must meet the professional role criteria
To be eligible for a Professional Mortgage, you must have qualified in the last ten years, be registered with the appropriate UK professional body and work in a field related to your profession.
Poor credit could impact how much you can borrow
If you have adverse credit, depending on the severity you may have fewer lenders willing to lend to you, and be offered a smaller income multiple.
Non-professional applicants won’t qualify
If you are buying with another person who does not work in a professional role, they will only be able to borrow 4-4.5 times their salary. For example, if you are a doctor and earn £50,000, and your partner works in marketing and earns £30,000, together you could borrow up to £410,000.
Why Tembo?
We help buyers, movers and homeowners discover how they could boost their affordability in 3 simple steps. It’s why we’re the UK’s Best Mortgage Broker.
The application process
Get into your very own home in 4 simple steps
Fill out your details
In under 10 minutes, we’ll check your eligibility for a Professional Mortgage as well as other buying schemes. Plus, you’ll see indicative interest rates and repayments.
Talk to an expert
Book a call with our mortgage experts to complete the qualification process. We’ll cover any questions you have about Professional Mortgages and any other schemes.
Apply for a mortgage
Once you’ve found a property, your dedicated advisor will undertake full affordability and submit a Decision in Principle with your chosen lender. Once accepted, we’ll submit a full mortgage application for you.
Make home happen
Once you’ve found a property, we’ll prepare & submit your mortgage application. We’ll liaise with the developer or seller and your solicitors to ensure a smooth purchase.
Tools and calculators
Stamp duty calculator
Work out what you may have to pay in Stamp Duty on your home purchase.
Learn more
Got questions? We’ve got answers
See all FAQsFrequently asked questions
Other mortgage schemes
You can be snug in your very own home in 4 simple steps
Increase your affordability
With a guarantor
Without a guarantor