Job Title: Buy-to-Let Underwriter
Location: London Hybrid 2 days WFH
Salary: Up to 55,000
Working Hours: Monday to Friday 9 am to 5.30 pm
Benefits:
- 25 Days Holiday + Bank/Public holidays
- Pension scheme
- Private healthcare
- Discretionary Bonus
- Other flexible benefits
About the role of Underwriter
Join a growing, intermediary-only specialist lender as a Buy to Let Underwriter, working as part of a busy Buy to Let team. You'll manually underwrite a range of specialist and more complex cases, assessing and approving mortgage applications in line with lending policy. Managing a varied pipeline, you'll make clear, commercially sound decisions and confidently explain your rationale, particularly on more complex deals.
Responsibilities required for the role of Underwriter
- Ensure all new lending proposals are underwritten in accordance with the Company's Lending Policy, with any exceptions clearly documented and approved by the appropriate senior signatories
- Provide clear, concise lending recommendations to senior signatories for proposals requiring exceptions or falling outside mandate parameters
- Prepare and present Credit Papers to the Credit Committee for high-value transactions
- Review, assess and appraise both short- and long-form valuation reports
- Liaise with intermediaries on new enquiries and proposals, clearly communicating underwriting requirements and/or reasons for decline
- Work closely with Pipeline and Completions Managers to ensure underwriting requirements and special conditions are fully understood and appropriately applied
Experience required for the role of Underwriter
- A min of a year's experience in a Buy to Let Mortgage Underwriting role.
- Held a mandate for 350K +
- Experience of presenting proposals to senior signatories
- Knowledge of different property asset types, including HMO, Multi Unit Freehold blocks, office to residential- permitted development schemes
- Pragmatic approach to lending
