At a Glance
- Tasks: Underwrite Buy-to-Let mortgage applications and assess complex cases with confidence.
- Company: Join a growing specialist lender in the heart of London.
- Benefits: Enjoy 25 days holiday, private healthcare, and a discretionary bonus.
- Other info: Hybrid work model with excellent career progression opportunities.
- Why this job: Make impactful lending decisions and grow your career in a dynamic environment.
- Qualifications: Minimum one year of experience in Buy-to-Let underwriting required.
The predicted salary is between 55000 - 55000 £ per year.
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:
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:
- 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:
- A minimum of a year's experience in a Buy to Let Mortgage Underwriting role.
- Held a mandate for £350K or more.
- Experience of presenting proposals to senior signatories.
- Knowledge of different property asset types, including HMO, multi-unit freehold blocks, and office-to-residential permitted development schemes.
- Pragmatic approach to lending.
Buy-to-Let Mortgage Underwriter. Job in London LilyLifestyle Jobs employer: United Cerebral Palsy of Georgia
Join a dynamic and supportive team at a leading intermediary-only specialist lender in London, where your expertise as a Buy-to-Let Mortgage Underwriter will be valued and rewarded. With a strong focus on employee well-being, we offer a competitive salary, generous holiday allowance, and a range of flexible benefits, all within a collaborative work culture that encourages professional growth and development. Experience the unique advantage of working in a hybrid model, allowing you to balance your career with personal commitments while contributing to meaningful lending decisions.
Contact Details:
United Cerebral Palsy of Georgia Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Buy-to-Let Mortgage Underwriter. Job in London LilyLifestyle Jobs
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios specific to Buy-to-Let underwriting. We recommend role-playing with a friend or using online resources to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your expertise! Bring examples of complex cases you've handled to interviews. This will demonstrate your ability to make sound decisions and communicate effectively, which is key for this role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Buy-to-Let Mortgage Underwriter. Job in London LilyLifestyle Jobs
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Buy-to-Let Mortgage Underwriter role. Highlight your relevant experience, especially any underwriting roles you've had and your familiarity with different property asset types. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific experiences that relate to the job description, like your experience with high-value transactions or presenting proposals to senior signatories. Let us know why you’re excited about this opportunity!
Showcase Your Decision-Making Skills:In your application, be sure to highlight your ability to make clear, commercially sound decisions. We want to see examples of how you've assessed complex cases in the past. This will show us that you can handle the varied pipeline we have at StudySmarter.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at United Cerebral Palsy of Georgia
✨Know Your Stuff
Make sure you brush up on your knowledge of Buy-to-Let mortgages and the specific lending policies of the company. Familiarise yourself with different property asset types like HMOs and multi-unit freehold blocks, as these will likely come up in conversation.
✨Prepare Real-Life Examples
Think of specific cases you've underwritten in the past, especially those that required presenting to senior signatories. Be ready to discuss your decision-making process and how you handled any complexities, as this will showcase your experience and problem-solving skills.
✨Practice Clear Communication
Since you'll need to liaise with intermediaries and present proposals, practice explaining complex concepts in a straightforward manner. This will help you demonstrate your ability to communicate effectively, which is crucial for the role.
✨Show Your Pragmatic Side
Be prepared to discuss your pragmatic approach to lending. Think about how you balance risk and opportunity in your underwriting decisions, and be ready to share examples that highlight your commercial soundness and judgement.
