Chorley Building Society understand that lifestyles are constantly changing, and with them, financial needs. The Society has now launched their Professional Mortgages, which will appeal to borrows who have either recently qualified or who are in the early years of their chosen profession. The Professional Mortgage product range also has a low start option for the new qualified professional borrower.
The range is available for the following professions : Accountants, Actuaries, Architects, Barristers, Chartered Surveyors, Commercial Pilots, Dentists, Medical Doctors, Locums Optometrists, Pharmacists, Solicitors, Vets and other professionals are considered by referral, must be a member of their professional body and hold industry recognised qualification. Professionals moving to Self Employed from salaried are also considered.
Product Details:
5 year discount 80% LTV, with a discount of 2.85% off SVR, current rate 2.89% and a 5 year discount 90% LTV, with a discount of 2.75% off SVR, current rate 2.99%. These products are available for residential properties. Not available to customers who meet the Credit Renew criteria.
See the Chorley Building Society website here for more details
The Chorley approach to mortgages:
- All cases individually underwritten
- Common Sense Approach – experienced underwriter
- No credit score – Credit Search
- No maximum age
- Realistic approach to Lending into/whilst retired
- Guarantors welcome
- Concessional purchase and gifted deposits
- Interest only option
- Will consider IVA/Bankruptcy discharged over 3 years
- CCJ’s or defaults settled over 3 years ago considered
- One CCJ or default issued within last 3 years less than £500 acceptable
