Underwriter

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

For more information regarding the role of Buy-to-Let Underwriter, please contact us.

Stellar Select is acting as an employment agency and is a corporate member of the REC.

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.