INDEPENDENT MORTGAGE BROKER

Specialist Mortgage Broker London

Bespoke Mortgage Solutions for Unique Circumstances

If your circumstances are unusual, there’s a good chance we can provide a solution. As a specialist mortgage broker in London, Lodestone Mortgages work with a wide range of lenders who increasingly offer products designed for complex situations. Whether your work, income, or property type doesn’t fit standard criteria, we can help you navigate the options and secure the right mortgage.

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Stage Fright? Overcome Obstacles with Lodestone Mortgages

Finding Solutions for Unique Situations

Many clients feel daunted when their circumstances don’t fit the standard mortgage criteria. Whether it’s an unusual career, irregular income, or multiple sources of earnings, navigating the mortgage market can feel intimidating. At Lodestone, we guide you through every step, liaising with specialist lenders and finding solutions tailored to your unique situation — so you can approach your mortgage application with confidence.

Tailored Solutions for Unique Mortgages

Proven Results

Every situation is different, and we bring the expertise and flexibility to meet your unique needs. Over the years, we’ve helped clients with:

Self-employed mortgages
Mortgages for foreign currency earners
Solutions for limited company directors
Specialist contractor mortgages
Large, complex, or unusual property purchases
Credit recovery mortgages
Bridging finance and secured loans

We’ve seen almost every scenario and found a solution for 99% of them. No matter how unconventional your circumstances may seem, there’s often a path forward, and we’re here to find it.

Let’s Make Your Property Goals a Reality

From complex incomes to unusual properties or credit challenges, we bring decades of experience and an extensive lender network to the table. If you think your situation is too complicated, think again. We’re here to make it work. Get in touch, and let’s find the mortgage solution that’s right for you.

Quick Quote

A snapshot of today's rates. Get an indication of specialist deals available. Then talk to us for the deals they don't publish.

Specialist Mortgage Questions Answered

Income only from Investments and Assets

Mortgage for Investment & Asset-Based Income? Here’s the Answer!

Can you get a mortgage if your income is mainly from investments and assets rather than a salary?

The answer is YES!

Here’s what you need to know:

Income Proof is Key : Your income must be provable, even if it's not from a traditional job.
What’s Required? : We’ll need:
- SA302s and tax year overviews for at least the past 2 years
- Bank statements to verify regular income deposits
Lender-Friendly Income: Lenders accept any taxable, verifiable income — so your asset-derived income can work just as well as a salary!
Over the years, we’ve helped hundreds of clients like you find tailored solutions for property financing.

Reach out to discuss your individual situation, and let’s see how we can make it work for you.

Will bad credit stop me getting a mortgage?

Mortgage Myth Buster: Can Bad Credit Affect Your Mortgage?

One of the most common questions we receive:

"I've got bad credit, will it affect me getting a mortgage?"
"Will my mortgage payments be higher because of bad credit?"

Understanding Bad Credit:

Minor issues: Late payment on a credit card
Serious issues: County Court Judgment (CCJ), defaults, or even bankruptcy

Good News:

Most cases: There's a lender out there willing to help, regardless of your circumstances.
Severity impacts price: Mortgage rates will adjust based on the extent of the bad credit.

More Good News:

Many high street lenders offer competitive rates even with minor credit issues.
Same rates as those with perfect credit for occasional missed payments.

Why Documentation Matters:

Your mortgage broker will ask for comprehensive documentation, including your credit file.
This thorough review helps tailor advice and guidance to your unique situation.

I’ve only been self-employed a year?

Self-Employed? Here's What You Need to Know About Mortgage Eligibility

Myth Buster: Contrary to popular belief, you DON'T need to be self-employed for 3 years to qualify for a mortgage.
Most Lenders:
- Require a minimum of 2 years of self-employment figures.
- They assess whether your income is stable, analysing if your profits are increasing or decreasing.
Good News: Some lenders will accept just 1 year of self-employment figures!
As long as your accounts are submitted and ready at the start of year 2, you can be eligible to apply.

So, if you’ve been self-employed for 1 year and 1 day, you might already be eligible!

No payslips I’m a partner in a large city firm

Worried about getting a mortgage as a high-earning partner in a city law firm or LLP?

No need to stress! As a leading mortgage broker, we've got you covered.

When you visit us, we understand your concerns about unconventional payment structures. But here's the good news: since you're technically self-employed, lenders primarily require copies of your last three years' SA302's and tax year overviews to assess your income.

While some lenders accept earnings references from finance managers in partnerships, the general rule of thumb is SA302's, tax year overviews, and your bank statements to verify income.

Since your earnings tend to be higher than most individuals, the best part is that you can access higher income multiples, sometimes even up to 6x your income!

Ultra-High Value Mortgage/ Property

Recently, I was asked, "Can you get a mortgage on a property valued at over £10 million?" Here's the answer...

Yes, it's possible! Here's how:

Why consider a mortgage? Even with available funds, many high-net-worth individuals choose to borrow against high-value properties. Why? It's all about financial planning: by securing a mortgage, you may invest your own capital elsewhere for potentially higher returns.
We work with high street lenders and private banks who specialise in financing high-value properties. This means you can access competitive rates tailored to your unique financial situation.

Whether you're buying your main residence, a holiday home, or making an investment, we can help you secure the right financing.

Get in touch today for a tailored solution to your ultra-high-value property needs. With hundreds of successful transactions under our belt, you're in expert hands!

Can I use the income from my 2 jobs?

Can You Use Income from a Second Job for Your Mortgage?

Can you use income from your second job when applying for a mortgage?

The short answer: YES! But it depends on the lender. Here’s what you need to know:

Some lenders will use 100% of your second job income, while others might only use 50%.
Lenders also consider how sustainable the second job is:
- How many hours are you working overall?
- Is the job in a similar industry?
- Are you working evenings and weekends?

The key takeaway: Lenders want to ensure you can maintain both jobs, so they assess whether this extra income is reliable long-term. If they feel it's not sustainable, they might not include it in your mortgage calculation.

Specialist Tip: Finding the right lender for this situation takes research. Don’t tackle this alone! Reach out to a broker like myself for personalised guidance. We’ve helped many people in your shoes.

I’ve got an unusual job, can I get a mortgage?

Can You Get a Mortgage with an Unconventional Income?

Here’s what you need to know:

Standard Income

If you’re employed with payslips, it’s straightforward to verify your income—no problems there.

Self-employed

For tradespeople, taxi drivers, business owners—your income is usually proven through accounts or tax returns. HMRC forms such as SA302s and Tax Year Overviews will do the trick.

Unconventional Income

Do you create social media content, monetize a YouTube channel, or work in entertainment or sports? You fall under the unconventional income category.
Lenders view you as self-employed, so as long as you can verify your income, you can get a mortgage.

Example:

I recently helped a social media influencer who turned a hobby into a full-time income. They were worried they wouldn’t qualify for a mortgage, but I quickly reassured them. Lenders simply require proof of income through SA302s, Tax Overviews, or company accounts—just like any other self-employed person.

Key takeaway:

Having an unconventional income source doesn’t stop you from getting a mortgage, as long as your earnings are verifiable and you meet the lender's other criteria.

Foreign national, no right to reside, mortgage?

As a foreign national or non-UK resident, can you get a mortgage in the UK?

Here’s what you need to know:

Lender requirements vary, but there are key factors they’ll consider:
Visa type: Most lenders will require a Tier 1 visa or similar. The length of time left on your visa will also be crucial.
Settled status: Having permanent residency, settled, or pre-settled status in the UK is a major factor.
Deposit size: A larger deposit (25% or more) may be required by some lenders to mitigate the perceived risk.

Each lender’s criteria will differ, so what works for one lender may not apply to another. That’s why it’s important to get personalised advice from a professional broker.

We’ve helped hundreds of foreign nationals navigate these requirements and secure UK mortgages. If you’re in this position, don’t hesitate to reach out.

Can I get a mortgage on an unusual property?

Can you do it? Yes, but there are key factors to consider:

Habitable Property: Lenders will send a valuer to assess if the property is suitable as security.
- If the property is deemed habitable, you're good to go!
- If not, we may need to explore alternative solutions.
Converted vs. Unconverted:
- For already converted properties, standard mortgages are available.
- For properties needing conversion, you’ll likely need bridging finance to fund the renovation, not a standard mortgage.

Top tip: If you're thinking of buying a unique home, speak to an experienced broker like myself. We’ve helped numerous clients secure mortgages for one-of-a-kind properties, and we’d love to help you too.

Considering something extraordinary? Get in touch for personalised advice and guidance!

From Sole Trader to LTD company, mortgage?

If you're a sole trader transitioning to a limited company, you're not alone!

We’re seeing this more and more in mortgage enquiries. So, will this switch make it harder to get a mortgage? Let’s break it down:

NO, switching from a sole trader to a limited company won’t automatically make it harder to secure a mortgage.
Lender Variation: Not all lenders treat this transition the same way. Some may be more flexible than others.
What We Know:
- If you’ve been in the same industry for a while, and it’s just a change in business structure, many lenders will be fine with it.
- Your income verification remains the same. You’ll still need the usual documents to prove your income, like tax returns and accounts.
Expertise Matters: With over 25 years of experience, we know exactly which lenders to approach to make sure this switch doesn’t affect your mortgage application.

Tip: Don’t let the switch hold you back. We’re here to help navigate this transition smoothly!

Reach out to us today if you need help securing a mortgage while making the switch to a limited company.

Our Reviews

Craig helped us secure the best possible options for our mortgage renewal, and when interest rates dropped on two occasions, he promptly resubmitted our application...

2 weeks ago

Scott Leaver

As first-time buyers, we were very impressed with the professionalism and guidance provided by Craig. He explained every step clearly, kept us informed throughout, and...

3 months ago

David Auriault

We've used Craig for our past two mortgage renewals and have always found his services personable, simple and pro-active in finding the best deals. Although...

5 months ago

Pete Dungey

Lodestone always go above and beyond to provide both a professional, and value for money service. We started using Lodestone over 10 years ago for our...

6 months ago

Team Thomas

I’ve been working with Craig for over a decade, and he has consistently provided outstanding service and advice across multiple mortgage applications. His guidance is...