Police Mortgage Advice in Salisbury We can max your borrowing

Police Mortgages Explained

There isn’t a specific mortgage for members of the police force. However, when applying for a mortgage, there are a few things that are different for Police Mortgages.

An experienced Mortgage Broker like Your Mortgage Expert understands this and will do all the hard work for you. As a member of the Police Force, we know you’re busy, so we do all the research and take care of the paperwork for you.

Some of the things that need to be considered when applying for a Police Mortgage:

• Police Pay: the way that Police Officers are paid is generally more complex than other workers. For example, you might have basic pay with overtime, stepping up duty and other elements. All of this can be taken into account when applying for a mortgage as long as you can show the payments are consistent and regular.
• Trusted employment: because working for the police is a trusted profession, some lenders are willing to lend slightly more income multiples.
• Support for Key Workers: whilst there is no longer a key worker scheme, some lenders have specific products for Key Workers. The Government’s First Home Scheme also offers discounts for Key Workers.

We know how to package your earnings for the lenders so it will more likely be accepted. We also know the Government schemes designed to give you a helping hand.

Based in Salisbury, we are here to support you with face to face appointments if you prefer. Our office is a short walk from Salisbury Police Station or alternatively you can contact us via telephone or email.

If you need to speak to us outside of standard office hours, we can be flexible with our appointment times. We know your shift work means that 9-5 may not work for you.

Speak to Your Mortgage Expert for Police Mortgage Advice  in Salisbury today to see how we can help.

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What information will I need to provide for a Police Mortgage?

If you apply for a mortgage with Your Mortgage Expert, we will help select the most appropriate lender based on your circumstances. We are based in Salisbury and service all the surrounding villages including Amesbury, Durrington and Tidworth.

Different lenders will have slightly different lending criteria. We will let you know what documents and information you need to provide for your lender.

The mortgage lender will want to assess whether you can afford the mortgage that you are applying for. To do this, they will need to see:

• Your payslips and evidence of any additional income you regularly earn such as overtime, stepping up duties etc. Generally they will want to see three months worth of evidence, but they might request six months in some circumstances.
• They might want to see your Employment Contract, especially if you are in probation or have additional duties you are being paid for.
• They will want to check your credit score, that you are who you say you are and that you live where you say you live.
• If you are using the Shared Ownership Scheme, Right to Buy or First Home Schemes, there will be additional information you need to provide.

We can help you pull all this documentation together. We will also package it correctly to maximise success with your lender.

We will help you every step along the way, so you can worry about more important things. And, what’s more, you can trust us to do things properly and the right way. We won’t cut corners and we’ll use plain, straightforward language.

Get in touch today for Police Mortgage Advice in Salisbury.

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