Mortgage Advice for Amazon Employees
Amazon has teamed up with SPF Private Clients, an award winning mortgage brokerage with offices across the UK.
For over 25 years they have provided expert advice across a wide range of lending scenarios. From buying a first home, investing in Buy-to-Let properties through to multi-million-pound purchases, they help turn their clients’ property dreams into reality.
SPF have worked alongside UK lenders at all levels to create products that work with Amazon’s pay structure, taking into account overtime, variable pay and RSU income. By doing this, they are able to offer a bespoke service and give you peace of mind and confidence that you are getting the best product for your individual circumstances.
Amazon employees will not be charged an SPF broker fee upon completion of the mortgage. This arrangement fee is typically up to 1 per cent of the loan amount.
Level 1-3
Overtime/Variable Income
Given your ability to work beyond your contracted hours, it’s only fair that this income can be used towards affordability for your mortgage application. SPF can advise on how your variable income can be used as part of your mortgage application.
Income Stretching
With rising house prices, it’s important that you understand your true budget prior to searching to ensure that you can afford the property that’s right for you. SPF work with lenders who have the ability to stretch mortgage lending beyond the standard 4.5x income multiple, with a number of banks extending to 5.5x and beyond.
VISAs
SPF understand that the UK attracts individuals from all corners of the world, with a large number of our clients arriving in the UK on working VISAs. Whether you have only recently arrived in the UK or have been here a number of years, they have access to banks that will cater towards your working VISA to support your mortgage borrowing.
Guiding you through the property transaction
The UK property market remains competitive for both purchasing and selling, so it’s crucial that you start the mortgage application process as soon as possible. SPF can act quickly and will guide you through the whole transaction from start to completion.
Level 4+
RSU Income
Given your ability to work beyond your contracted hours, it is only fair that this income can be used towards affordability for your mortgage application. Variable income includes overtime, shift premiums, cash bonuses and stock bonuses. SPF can advise on how your variable income can be used as part of your mortgage application.
Income Stretching
With rising house prices, it’s important that you understand your true budget prior to searching to ensure that you can afford the property that’s right for you. SPF works with lenders who have the ability to stretch mortgage lending beyond the standard 4.5x income multiple, with a number of banks extending to 5.5x and beyond.
VISAs
SPF understands that the UK attracts individuals from all corners of the world, with a large number of our clients arriving in the UK on working VISAs. Whether you have only recently arrived in the UK or have been here a number of years, we have access to banks that will cater towards your working VISA.
Guiding you through the property transaction
The UK property market remains competitive for both purchasing and selling, so it’s crucial that you start the mortgage application process as soon as possible. SPF can act quickly and will guide you through the whole transaction from start to completion.
Contact Form
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