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
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