Overcome complicated income streams
to secure a better mortgage
with Taylor James

Since the global financial crisis, lenders have tightened up their rules on how much and who they lend to. They moved away from the type of risky lending that contributed to the money meltdown in the first place. Instead, they favour tick-box methods that make it more difficult (but not impossible) for high net worth individuals and those with an unusual income structure to get credit. By adopting this approach, banks reduce the risk they expose themselves to, and it is working well for them. However, an inevitable by-product is that such inflexibility ignores people with complicated income and wealth profiles.

Fortunately, all is not lost because some mainstream lenders, as well as private banks, offer bespoke mortgages. These are tailored to individual applicants and their unique needs and provide a greater deal of flexibility than standard mortgages. For example, a lender offering a bespoke mortgage will be willing to take into account more significant percentages of bonus income and even use deferred bonuses from previous years. Some will provide interest-only mortgages at much higher loan-to-value rates than standard providers. We have lenders who will allow interest-only terms for 11 months of a year and then allow you to make a significant capital repayment in the bonus month.

At Taylor James Financial Services, we are experts at finding financial solutions for professionals with fluctuating incomes. We know which high street lenders understand how brokers and investment bankers are paid and will lend to them. Additionally, we have very strong relationships with other financial institutions, such as private banks, who we work alongside to ensure our clients get the most appropriate lending solutions for their requirements.
 

Among the benefits of engaging the services of Taylor James Financial Services are:

• Identify lenders with the most favourable terms for a broker or investment banker in your situation.
• Secure the most suitable mortgage for your needs.
• Compile all the required paperwork.
• Effectively present your income and earning history to match a lender's criteria.

• Manage the entire application process from start to finish and liaise with all of the relevant parties on your behalf. This saves you valuable time and allows you to focus on your day job.
• Be your trusted adviser for all of your financial planning needs, including advising on your pensions, investments and all of the necessary protection policies. This helps ensure you and your family continue to maintain the standard of living you enjoy, even if your income were to stop, for whatever reason.