Getting a Mortgage as a Lawyer Shouldn’t Be This Complicated

You’ve worked hard to build a career in law, so why does it feel like getting a mortgage is harder than arguing a case in court?

Whether you’re a partner with profit share, an NQ on probation, or someone juggling bonuses and unpredictable case settlements, too many lenders just don’t get it. They treat you like any other PAYE employee, or worse, like a risky bet.

And that’s when the problems start.

Lenders Don’t Understand How Lawyers Get Paid

Most mortgage underwriters use outdated, rigid rules. If your income doesn’t come from a simple, monthly payslip, they panic. If you’re drawing dividends, getting bonuses, or relying on LLP profit, you’re seen as complex, inconsistent, or unstable.

Even worse, some lenders base your affordability on last year’s salary or expect you to withdraw extra dividends (and pay tax on them) just to tick a box.

Sound familiar?

Maybe you’ve already been declined or told you can’t borrow as much as you know you can afford. Maybe you’re just worried about wasting time, damaging your credit, or losing out on your dream home while lenders play catch-up.

We Specialise in Mortgages for Lawyers

At Wallace Home Finance, we’ve helped countless lawyers navigate these exact challenges. We understand the nuances of legal income whether you’re paid through a mix of salary, bonuses, drawings, or profit share and more importantly, we know which lenders are set up to understand it too.

In many cases, we can arrange a mortgage based on your company’s net profit, not just your personal salary or dividend drawings. This can help you borrow more, avoid unnecessary tax, and get a deal that truly reflects your financial position. As a whole-of-market broker with access to over 100 lenders, we’ll identify the best-fit lender, secure a competitive rate, and ensure your application is packaged correctly to give you the highest chance of approval.

We also understand that solicitors are extremely busy professionals. You don’t have time for endless paperwork, long phone queues, or chasing updates. That’s why we take care of absolutely everything from initial research to final paperwork while keeping you updated along the way. You’ll work directly with an experienced adviser, meet over Zoom at times that suit you (including evenings and weekends), and never have to explain your income structure more than once.

Let’s Make This Simple

If you’re a lawyer and want to get the mortgage you deserve without the frustration, guesswork, or wasted time – Fill in our short enquiry form.

We’ll have a quick chat to understand your situation and show you your options.

No hassle. No pressure. Just expert help from someone who actually understands how you get paid.