Our experts specialise in helping clients navigate the world of complex mortgages, offering tailored advice for those with complex and diverse income streams, complex income structure, and customers with needs that are perhaps not straightforward.
At Bower Private Clients, we pride ourselves on being your expert partners in navigating the intricacies of complex mortgages. With a deep understanding of the unique challenges and requirements of sophisticated property financing, our team is dedicated to providing bespoke solutions for those facing unconventional financial scenarios.
We have access to specialist mortgage lenders who can handle unique financial situations, so our mortgage advisers can work with you to find the best lenders and help you secure mortgage repayments you are happy with.
A complex income mortgage is a specialised financial solution designed for individuals whose income structures do not conform to the traditional, straightforward models typically favoured by mainstream lenders.
This type of mortgage is particularly suited to those with varied income sources, such as freelancers, contractors, entrepreneurs, or professionals receiving a significant portion of their income from bonuses, commissions, or dividends.
Complex income refers to earnings that deviate from standard salaried employment, including freelance work, dividends, bonuses, and rental income. In the UK, complex income mortgages cater to the nuanced financial landscapes of such individuals, offering more flexible underwriting criteria that consider the entirety of their financial situation.
Mortgage lenders assess the sustainability and reliability of the applicant’s diverse income streams, providing tailored mortgage options that reflect the borrower’s actual financial capacity.
Complex income mortgages can enable those with non-conventional earnings to achieve their property aspirations, ensuring their unique financial profiles are comprehensively evaluated and appropriately accommodated.
Different types of complex mortgages cater to various unique financial situations and property types, ensuring flexibility and inclusivity in the property market. These include interest-only mortgages, where borrowers pay only the interest during the mortgage term; large loan mortgages, designed for significant property investments; and mortgages for unusual properties, such as listed buildings or non-standard constructions.
Expatriate mortgages accommodate UK nationals living abroad, while foreign national mortgages assist non-UK residents looking to invest in the UK property market. Self-employed individuals and those with variable incomes might opt for self-certification mortgages, which consider the entirety of their income.
Buy-to-let mortgages for portfolio landlords with multiple properties and commercial mortgages for business properties also fall under complex mortgages. Limited Company buy-to-let mortgages offer landlords and businesses a way to mortgage their properties with a tailored solution to match their circumstances and tax requirements.
Specialist mortgage providers play a crucial role in assisting individuals with complex income, providing tailored solutions that traditional mortgage lenders may not offer. Each type of mortgage is tailored to address diverse borrower profiles’ specific challenges and requirements, ensuring a more inclusive and adaptable lending landscape.
Securing a complex income mortgage can present several challenges, primarily due to the difficulty lenders face in accurately assessing the borrower’s income. Factors contributing to these challenges include:
Mortgage lenders may view complex income as higher risk, making it more difficult to secure a mortgage. However, specialist lenders are experienced in navigating these challenges, allowing them to offer tailored solutions that meet the unique needs of borrowers with complex income structures.
Take the first step in your complex mortgage journey with Bower Private Clients.
Take a look at what our clients are saying about Bower Private Clients
The help provided for me by all those involved in the process of Equity Release was excellent. I would like to thank everyone and also to mention the particular assistance of Mr Andrew Card. He gave me clear and helpful advice, enabled the whole arrangement with speed and courtesy. I am extremely grateful to him for the time he took to explain the various aspects of the Release and for the prompt way in which he responded to my queries. Thank you to all involved.
Prof. Evans
Whether you’re dealing with non-standard income, investing in unusual properties, or facing any other challenges that make your mortgage needs complex, our team is equipped to guide you through the process with clarity and confidence.
By connecting with us, you’re taking a crucial step towards achieving your property aspirations, backed by a wealth of experience and a commitment to personalised service.
Don’t let the complexities of the mortgage landscape hold you back; reach out to Bower Private Clients now and let us pave the way to a successful and stress-free mortgage application.
From assessing your unique financial circumstances to help find the mortgage for you, to helping you through the mortgage application process, our specialist mortgage advisers are ready to help you move forward with your complex mortgage.
Our specialist mortgage advisers are ready to help you move forward with your complex mortgage.
Read more about usChoosing Bower Private Clients as your mortgage adviser means partnering with a team with unparalleled expertise and a bespoke approach to your mortgage journey. Our dedicated professionals specialise in navigating the complexities of the mortgage market, particularly for those with unique financial situations or property aspirations.
At Bower Private Clients, we pride ourselves on our ability to tailor solutions that are meticulously aligned with each client’s needs, whether handling high-net-worth mortgages, complex income scenarios, or unusual property types. We work with various mortgage lenders to find the best solutions for our clients, ensuring flexibility and accommodation for unique financial situations.
Our commitment to providing a personalised service ensures we understand your financial situation in depth, enabling us to negotiate the best possible terms on your behalf. Whether you have rental, foreign currency or investment income, we work with several private banks and specialist mortgage brokers to ensure you get the best mortgage available!
With access to a wide range of lenders and exclusive mortgage products, Bower Private Clients stands as a beacon of trust, expertise, and dedicated client service in the UK mortgage advisory landscape, making us the ideal choice for those seeking a strategic financial partner.
Complex income can manifest in various forms, reflecting the diverse financial landscapes of modern borrowers. This can include:
Clients with a complex income typically require a flexible mortgage solution that can adapt to their unique financial profile, which is why we will work with you to find the right mortgage deal.
At Bower Private Clients, we will search across a range of potential lenders including high street banks to help you find a mortgage to match your unique circumstances.
The classification encompasses a variety of mortgage scenarios that deviate from the standard, straightforward lending criteria due to the intricacy of the borrower’s financial situation or the property involved.
This can include mortgages for individuals with non-standard income sources, such as freelancers or entrepreneurs, those requiring large loan amounts, properties of unusual nature or high value, and situations involving multiple properties or international assets.
In the UK, complex mortgages also cover cases where the borrower has a mixed credit history or seeks to invest in commercial or semi-commercial properties. Mortgage lenders who deal with complex mortgages are adept at navigating these nuanced scenarios, offering bespoke solutions that consider the full scope of the borrower’s financial landscape and the specific challenges posed by the property in question.
This classification ensures that individuals with unique financial needs or property ambitions can access tailored mortgage options that align with their circumstances.
For individuals with complex income structures, working with a mortgage broker can be highly advantageous. Mortgage brokers have access to a wide range of mortgage lenders, including specialist lenders and private banks, and can help identify the best options for complex income cases. They streamline the application process and provide a variety of finance options tailored to the borrower’s unique financial situation.
Mortgage advisors can assist borrowers with complex income structures by:
By working with a mortgage broker, borrowers can navigate the complexities of the mortgage landscape with confidence, ensuring they secure the best possible terms for their unique financial needs.
With access to over 500 lenders, Bower will help you release equity and create liquidity to acquire property, whenever you want to buy
Bower Private Clients provides independent, impartial whole of market mortgage advice with an award-winning customer service experience. Initial advice is provided at no cost to you and without obligation. Only if you choose to proceed, would a typical advice and administration fee of £495 be payable.
Speak to one of our dedicated customer specialists or arrange your free, initial no-obligation quote by calling us on 0203 817 6040.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Some buy to let mortgages are not regulated by the Financial Conduct Authority.
Bower Private Clients is a trading style of Bower Retirement Limited and is Authorised and Regulated by the Financial Conduct Authority. Financial Services Register Number: 451607.
Registered in England and Wales No: 5788110. Registered office: Bower Private Clients, Ongar Business Centre, The Gables, Fyfield Road, Ongar, CM5 0GA.
0808 281 2658
customer.services@bowerhomefinance.co.uk