Mortgage and protection for Seafarers.
Rotations, day rates, foreign currency and time away from home can make getting a mortgage feel choppy. We work with lenders who understand life onboard and offshore, so you can secure the right deal and protect what matters.
We’ve got your best interest at heart.
Work at sea?
No problem.
From super-yacht crew with euro-denominated tips to offshore engineers on 4/4 rotations, many lenders don’t know how to interpret your income or residency. That doesn’t mean you can’t borrow, it means you need a broker who speaks your language.
With access to specialist lenders who understand seafarer income, contracts and protection needs, we can help you finance your next move and put solid cover in place.
Tailored solutions for seafarers and offshore professionals
If you’ve been declined, told to “come back when you’re onshore,” or received mixed advice, we’ll cut through the noise.
Mainstream lenders often apply blanket rules that don’t reflect your real affordability. We work with underwriters who look at the full picture before making a decision.
Overcoming the challenges.
Rotational contracts & variable income
Day rates, overtime, tips/gratuities and allowances assessed sensibly (not unfairly discounted).
Foreign currency & employers
Income paid in EUR/USD or via yacht management/crewing companies correctly evidenced and converted.
Time away & proof of address
Simple ways to satisfy ID/address checks when you’re rarely at home.
Expat & non-UK residency
Options for British expats and non-resident buyers, plus buy-to-let and consent-to-let for those mostly at sea.
Protection with “at-sea” cover
Income protection, life and critical illness policies that don’t exclude your actual job or time offshore.
Short credit history
Guidance on building a UK credit footprint if you’ve been travelling or living aboard.
We’re here.
Whether it’s questions about your current mortgage, switching to a new deal, moving house or looking to protect your income, we’re here for you.
With our office in Monmouthshire and a network of colleagues across South Wales, Somerset and London, we’re never far away.
Quickly and easily book a call with us using the link below.
Our Approach
1. Discovery Call
This is where it all starts; we want to get to know you and what you need from us, our 30 minute strategy call is a great time to ask any initial questions and lay out our working relationship.
2. Fact Find
Using the latest technology we collate all the relevant documents and information from you securely allowing us to provide you high quality advice.
3. Advice & Application
Following extensive research of the market, we will provide our advice and recommendation ready for application. We then run through all the documents with you so you’re informed to make the right decision for you.
4. Progress to Completion
Personally managing the process from start to finish, from offer issue to completion as swiftly and efficiently as possible. Questions during the process? We’re here.
“We can't recommend Jonathan Southgate and the team enough!”
“Selling and buying houses is certainly not stress free. On top of that, navigating the world of mortgages, especially during a time of increased uncertainty with cost of living rises, interest rates and upcoming elections, is not straightforward. We used Sterling Southgate as our mortgage advisor which took away a big part of that stress and worry, giving us the right options for our current and potential future circumstances, supporting us along the house selling/buying journey.”
Sam & Alex. (June 2024)