Investment Banking Associate Secures £930k Mortgage on £1.1m First Home at 6x Base Salary, Sign-On Bonus Excluded
An M&A associate had just moved banks with a £60k sign-on and a £90k guaranteed bonus. Neither counted. Her first home, £930k on a £1.1m Earlsfield house at under 85% LTV, was placed at 6x her £155k base salary alone.
High Loan-to-Income Refinance Using Latest Bonus Income
Standard bonus averaging supported £791,000; the buyout needed £1.24m. A clearing bank recognised £235,000 of income, the full latest bonus, and lent at roughly 5.3x, keeping her in the family home and her former partner’s share released in full.
US Banker on Skilled Worker Visa Secures £900k Mortgage on £1.2m Purchase Using USD Bonus
An American VP on a Skilled Worker visa, 18 months into a London posting, needed £900,000 for a £1.2m house. A large international bank whose criteria let income override residency recognised £238,400 including his USD bonus; completed at 75% LTV.
Investment Banking Director Secures £990k Mortgage on £1.1m Purchase Using Multi-Year Bonus History
An investment banking Director secured a £990k mortgage on a £1.1m London flat at 90% LTV using multi-year bonus income. This case study shows how bonus averaging supported borrowing while retaining funds for property works.
Banker Bonus Mortgage - USD Bonus Used to Borrow 5.2× Income
An investment banking associate on £120k base with a USD bonus needed 75% LTV on a £1.25m flat. We used a two-year average bonus, applied a foreign currency haircut, and built a strong evidence pack—resulting in c.5.2× income and a successful offer.