Professional lending options
Selected lenders extend professional LMI policies to admitted barristers, which may include waivers at higher LVRs. Subject to lender policy.
← Finance & legal professionals
Home loans for barristers.
Specialist home loan guidance for barristers with variable income, self employed structures or complex borrowing needs. Subject to assessment.
Who this is for
Built for barristers like you.
- Junior and senior counsel
- Silks (KC and SC) with established practices
- Barristers with chambers expenses
- Barristers with variable income
- Barristers buying, refinancing or investing
- Recently called barristers
Lending advantages
What may be available to you.
Several lenders apply specific policies to your profession. Eligibility, limits and pricing vary - subject to assessment.
Self employed income read correctly
We choose lenders that understand chambers receipts, trust distributions and brief fees properly rather than discounting them heavily.
Lumpy briefs treated fairly
Large brief fees and matter completions create uneven cashflow. The right lender averages across the year sensibly.
Service entity structures supported
Service trusts and bare trusts are common at the Bar. We use lenders comfortable lending through and around these structures.
Common challenges
Where this profession often hits friction.
Why barrister income needs careful assessment
Generic credit teams often treat barrister income as standard self employed earnings. The right lender knows the difference.
Managing fluctuating income
Variable monthly income needs sensible averaging across two years rather than being penalised for the unevenness.
Recently called
A small number of lenders consider prior legal employment as continuous income for newly called counsel.
How we help
Strategy first. Loan second.
Our process is the same for every client - understand the situation, model it against selected lenders, then recommend a path. No pressure, no surprises.
- 01Confirm whether your practice qualifies for professional policy with our lenders.
- 02Map taxable income, distributions and add-backs across two years.
- 03Coordinate with your accountant on service entity and trust structures.
- 04Model borrowing capacity across multiple lender scenarios.
- 05Annual loan review for as long as you're a client.
Documents to have ready
Make the first conversation faster.
- Practising certificate and bar association evidence
- Last 2 years personal tax returns and notices of assessment
- Last 2 years business and trust financials
- Profit and loss statements where available
- Bank statements
- Existing loan statements
FAQs
Common questions.
Can barristers get no LMI home loans?+
Selected lenders include admitted barristers within professional LMI programs. Eligibility depends on income, deposit, credit and current lender criteria.
Will lenders accept variable income?+
Yes, with two years of consistent history and the right lender that averages sensibly.
How many years of income do lenders need?+
Most lenders look at two years of declared income. A small number consider one year for established barristers with prior legal employment.
Can barristers buy investment property?+
Yes. We model investment lending across your full position.
Can you help with self employed lending?+
Yes - self employed legal income is a core part of what we structure.
Want to know what you may qualify for?
Send us a few details and we will check your options with current lender policy.
Every lender has different rules. Your eligibility depends on your income, deposit, credit history, property type, location, existing debts and the lender policy at the time of application.
This information is general only and does not consider your personal situation. Lending options, LMI waivers, interest rates, loan amounts and approval requirements vary by lender and can change at any time. We will check your circumstances against current lender policy before making any recommendation.