We understand clients are individuals with their own set of circumstances. That’s why we have the ability to judge each case on its merits. Our latest case study highlights how we take a positive approach to income potential.

A broker recently introduced a case to us where the clients were a couple looking to buy a property for £705,000. They had a deposit of £205,000, including their own savings and an inheritance.

The client is a recently qualified actuary who’s been working for two years – she earns £87,000 and got a bonus of £11,000 this year.

But this is already her second job since qualifying and in her previous role last year she received a lower bonus of £4,200.

Her husband is in his final year of a degree in Medicine, giving him significant earning potential. The couple have a clean credit history and no children.

They need to borrow up to five times income, and the bonuses were key to getting the numbers to stack up. The problem is they come from two different employers.

Complex lending as standard

The broker wasn’t sure this case would be accepted by a mainstream lender, but his Clydesdale Bank BDM said our underwriter would consider the case.

The underwriter agreed that the client fit our Newly Qualified Professional criteria, designed for those with the potential for significant income rises.

We were also happy to accept the bonuses, despite the different employers, because the couple have a decent deposit, strong earning potential and a good credit record.

Get us onto your complex cases and keep your clients in the mainstream. Speak to your Relationship Partner or visit our website to find out more.