Search
Close this search box.
Search
Close this search box.

Law Firm Partners

The Self-Employed Mortgage Guide

Download your FREE copy today.

Mortgages for law firm partners

For anyone that is a partner in a Limited Liability Partnership (LLP) law firm it can be quite tricky to secure mortgage financing. As you are not an employee, your financial circumstances such as your income and tax situation may prove confusing to high-street mortgage lenders. This is where Active can help.

 We understand the self-employed mortgage market and specialise in helping law firm partners to secure the best mortgage and refinancing deals on the market.

Hassle-free mortgage advice for law firm partners

Active Mortgages - The UK's Leading Mortgage & Finance Specialists

Many mortgage lenders approach law firm partners in a similar way that self-employed people in other professions. This means they may typically demand to see around 2 years’ worth of business accounts.

This could lead to issues trying to prove your income if you have only recently been made partner.

Fortunately, our specialist advisers understand the market for law firm partner mortgages and which lenders to approach that will give you the greatest chance of success.

Why not speak to one of our specialist advisers to find out how we can help you?

How mortgages are arranged for law firm partners

The specialist mortgage lenders that are more likely to provide an offer will usually assess mortgages for law firm partners on a case by case basis, and may take into account factors such as:

  • The amount, and value of your shares in the law firm
  • Historic performance of the law firm
  • Your average income over a set period of time
  • Your projected income as a partner
Active Mortgages - The UK's Leading Mortgage & Finance Specialists

Maximising the chances of getting your mortgage application accepted

What you need to prepare to make your mortgage application depends on your circumstances. Your initial consultation with Active will ascertain those circumstances and what they mean for your mortgage application.

For any new mortgage application you are going to need to show proof of earnings, either as an individual or through your business accounts. Gather as much of this information as you can, particularly as someone that receives varying income, bonuses and shares.

A key area which affects all mortgage applicants is credit history. If your credit rating is not as strong or healthy as it could be, spend time doing everything you can to improve this before applying for a mortgage. This is an important indicator to mortgage providers that you are a good investment for them. The higher your credit the better rate and deal you are likely to receive.

How Active mortgage advisers help law firm partners

Your mortgage advisers at Active are here to assist you in finding the property of your dreams and look forward to helping law firm partners like you make it happen. Arranging a consultation is quick and easy. Simply fill out our contact form and a member of the law firm partner mortgage team will be in touch.

7 ways

to invest in your future with a mortgage tailored to your goals

Trust our team to find the perfect mortgage for your budget and lifestyle.

Active Mortgages - The UK's Leading Mortgage & Finance Specialists

Trust our team to find the perfect mortgage for your budget and lifestyle.

Active Mortgages - The UK's Leading Mortgage & Finance Specialists
Active Mortgages - The UK's Leading Mortgage & Finance Specialists

Make your dream property a reality

Make your dream home a reality

What our customers say

Daniel Couchman
Daniel Couchman
12 January 2024
This review is long overdue - Active mortgages got us our dream home! I spoke with around 7 different brokers from different companies which didn’t know what they were talking about but then I found Simon at active - he was straight to the point and got us the best deal and the highest amount possible. I got a bit impatient at one point but that was due to the banks taking ages to process everything - active were calm and reassured us. Highly recommended. Excellent from start to finish Even sent us a gift for Xmas - thank you!
Meena Kanagavel
Meena Kanagavel
2 January 2024
Jamie Murray from Active Mortgages has been amazing in setting up the VAT loan, whilst we purchased our Land. Right from the start, Jamie has been proactive in finding the correct (BEST) deals for us and ensured everyone is aligned to complete on time. Highly recommend using Active Mortgages, and we would certainly be using them again for future projects.Thanks once again Jamie for all your support throughout Dec, appreciate your efforts in making sure our purchase was done on time. Many thanks Meena (and Mark Jones)
Stefan Stancila
Stefan Stancila
21 December 2023
Comprehensive advice from Jamie & easy communication through remortgage process . Recommend!
Yasmin Bates
Yasmin Bates
20 December 2023
Jamie has made the whole process of buying a house very straightforward, especially for self employed. Would 100% recommend and would use again too!
Gerard
Gerard
19 December 2023
Good experience, helped us every step of the way.
darren john coggins
darren john coggins
12 December 2023
Dan has been great from start to finish. As a first time buyer it can be quite overwhelming and confusing but Dan has went above and beyond. His process was very easy, efficient and we could not recommend him enough!
FUNMI AKINLAMI
FUNMI AKINLAMI
7 December 2023
Excellent service, hard working staff
akinlami akinwale
akinlami akinwale
7 December 2023
Excellent service, very patient and willing to help staff
Michael Bennett
Michael Bennett
5 December 2023
Dan has been great from the first phone call. He has made everything simple and taken the time to explain everything to me as a first time buyer, answering any questions I have along the way, highly recommend
james whitaker
james whitaker
31 October 2023
Great professional service highly recommended for anything financial
Active Mortgages - The UK's Leading Mortgage & Finance Specialists

Book a call with one of our team to talk about your requirements.