Buy to Let Underwriter

Stellar Select; Greater London; Hybrid; GBP 42,000 - 50,000; Full time

Job summary

A financial services company is seeking a BTL Underwriter to manage underwriting and approval of Buy to Let lending proposals. The successful candidate will work in a fast-paced environment, ensuring decisions adhere to the company's Lending Policy, and presenting to the Credit Committee as needed. This role offers competitive pay and requires strong underwriting experience, particularly with complex assets. The position operates on a hybrid model with three days in the office, promoting work-life balance.

Benefits

25 Days Holiday

Pension scheme

Private healthcare

Discretionary Bonus

Flexible benefits

Qualifications

• 1+ year BTL underwriting experience with 350k+ sole signatory authority.
• Experience presenting cases to senior credit signatories.
• Strong knowledge of complex assets (HMOs, MUFBs).

Responsibilities

• Ensure all new lending proposals are underwritten in accordance with Lending Policy.
• Provide clear lending recommendations to senior signatories for proposals requiring exceptions.
• Prepare and present Credit Papers to the Credit Committee for high-value transactions.

Skills

BTL underwriting experience

Strong analytical skills

Confident decision-making

Good intermediary market knowledge

Job description

Job Title

BTL Underwriter

Location

London Hybrid 3 days a week in the office

Salary

Up to 50,000

Working Hours

Monday - Friday 9 am - 5.30 pm

Benefits

• 25 Days Holiday
• Pension scheme
• Private healthcare
• Discretionary Bonus
• Other flexible benefits

About the role of the BTL Underwriter

In this role, you will report to the Head of Buy to Let. This role is responsible for underwriting and approving new Buy to Let lending proposals in line with the Company’s Lending Policy, ensuring decisions are made efficiently and within agreed-upon timescales.

You will manage a varied pipeline of cases in a fast‑paced, high‑pressure environment, accurately assessing application risk to ensure each loan is appropriate, commercially sound and fit for purpose.

The role also involves clearly articulating lending decisions and, where cases fall outside mandate or internal policy, presenting well‑reasoned recommendations to the Credit Committee.

Responsibilities

• 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 and Qualifications

• 1+ year BTL underwriting experience with 350k+ sole signatory authority
• Experience presenting cases to senior credit signatories
• Strong knowledge of complex assets (HMOs, MUFBs, PD office‑to‑resi)
• Proven ability to underwrite beyond own mandate
• Confident, pragmatic decision-maker with strong analytical and numerical skills
• Experience with broker‑introduced business and good intermediary market knowledge
• Exposure to lending to companies, foreign nationals, trusts and offshore entities highly desirable