Mortgages for Legal Professionals
Your current income on paper doesn’t always tell the full story. For those working in the legal sector, your true borrowing power is often masked by delayed accounting periods, pending partner distributions, or imminent pay rises.
We look beyond the immediate snapshot. Through our extensive network of mainstream banks and specialist lenders, your broker has the flexibility to evidence your actual financial position — and how it’s set to evolve — to secure a mortgage that reflects your real potential.
Income on Paper vs. Practice
Why borrowing power doesn’t always reflect true income.
Progression is usually clear and predictable. Qualification, PQE progression, or a move to a new firm can significantly increase earnings, but historic figures may not yet reflect that step-change.
Fees may be earned well in advance of being received. Billing cycles, chambers remittances and work in progress can create uneven cash flow on paper.
Income is often distributed periodically rather than monthly. Drawings can be conservative, and profit allocations may fall after the accounting year end.
Personal income may not reflect retained or reinvested profits held within a company.
Moving firms, entering partnership, or transitioning to self-employment can temporarily distort how income appears.
How Greywood helps
We present your income clearly, evidence it properly and place your case with lenders who understand legal professionals and their income structures.
Your professional team
Alfred Quinn
Mike Thompson
Get in touch
If your income structure isn’t standard, your mortgage options shouldn’t be either.