Commercial underwriter

We are seeking a detail-oriented and commercially minded Commercial Underwriter to join our growing Buy-to-Let team. In this role, you will be responsible for assessing, underwriting, and making credit decisions on a range of BTL mortgage applications, including individual and portfolio landlords. This is a critical role within our lending operation, ensuring each deal aligns with our credit risk appetite and regulatory standards.

Key Responsibilities

• Assess and underwrite Buy-to-Let mortgage applications in line with company credit policy and risk appetite.

• Evaluate borrower creditworthiness, rental income sufficiency, and overall deal viability.

• Review property valuations and ensure properties meet lending criteria (e.g., condition, location, type, tenant profile).

• Apply appropriate stress testing and affordability checks in line with PRA and internal guidelines.

• Identify and investigate potential risks, fraud indicators, or policy exceptions.

• Work closely with brokers, BDMs (Business Development Managers), surveyors, solicitors, and internal teams to progress applications efficiently.

• Maintain accurate records and ensure all decisions are clearly documented.

• Escalate cases exceeding individual mandate or involving complex risk to the Credit Committee.

• Keep up to date with changes in lending policy, regulation, and the BTL market landscape.

Skills & Experience

• Proven experience in mortgage underwriting, ideally within the BTL or commercial property sector.

• Strong understanding of credit risk, income assessment (including rental income), and property valuations.

• Familiarity with PRA rules for BTL lending and portfolio landlord assessments.

• Ability to work independently and make sound credit decisions within mandate.

• Excellent analytical, organisational, and communication skills.

• Strong attention to detail and a methodical approach to work.

Preferred Qualifications

• CeMAP or equivalent industry qualification (preferred but not essential).

• Prior experience underwriting complex or portfolio BTL applications.

What We Offer

• Competitive salary & discretionary bonus

• Pension & benefits package

• Career development support and training

• Collaborative and supportive team environment