Junior Doctor Mortgages
Are you a junior doctor looking for a mortgage? We can help. It's free to chat.
Get startedBeing a junior doctor in the UK can make it tricky to secure a mortgage. Traditional lenders may hesitate due to your early career stage and lower initial income. But that doesn’t mean you’re out of options. Specialist mortgage providers offer tailored deals for junior doctors. At Premier Mortgage Services, we focus on helping medical professionals like you secure mortgages. We know the unique challenges you face and will support you every step of the way.
Mortgage Advice for Junior Doctors
While your future earning potential is strong, your current income and contract type may not meet high street banks’ strict lending criteria. Specialist lenders, however, consider your profession’s trajectory and can offer more flexible solutions. Many of these lenders operate exclusively through brokers, meaning you need expert help to access the best rates and terms.
Understanding your options
When applying for a mortgage as a junior doctor, lenders will assess your affordability based on income, expenses, and future earning potential. Some mainstream lenders may focus solely on your current salary, which can be a disadvantage if you're in the early stages of training. However, specialist lenders take a more flexible approach, considering your career progression and expected salary increases. Providing evidence of your contract type and future earnings can improve your chances of securing a favourable deal.
Junior doctors often work on fixed-term contracts and rotate between different hospitals, which can make lenders hesitant. While some providers see this as job instability, others understand that these contract structures are standard in the medical profession. Choosing a lender that recognises the nature of medical training is essential. A mortgage broker with expertise in junior doctor mortgages can help match you with lenders that are more accommodating to your employment situation.
Why Talk To Premier Mortgage Services?
We've been getting mortgages done for over 30 years and we specialise in those mortgages which aren't always that simple.
But why else should you choose to chat to us?
We offer:
✔ Clear, straightforward mortgage advice
✔ Direct access to specialist lenders
✔ Support tailored to your career stage
✔ Responsive and easy to reach
And what's more, the initial advice is completely free of charge.
Ready to get mortgage advice?
Ready to get personalised advice? One of our qualified mortgage brokers will be happy to help.
We can identify the right lender for your situation and help you obtain the necessary documents for your application to be processed and offered. Please contact us here or call us on 0115 9499988.
Think carefully before securing other debts against your home. You may have to pay an early repayment charge to your existing lender if you remortgage.
Arrange a free mortgage consultation
About us
In 2022 we celebrated 30 years of providing first-class whole of market mortgage advice to clients across the UK surpassing £2 billion pounds of client borrowing with the UK's most respected banks, building societies and specialist mortgage lenders.
Get to know usYou're in safe hands
Premier Mortgage Services is an Appointed Representative of Stonebridge Mortgage Solutions Ltd which is authorised and regulated by the Financial Conduct Authority.
There may be a fee for arranging your mortgage and the precise amount will depend on your circumstances. Our initial consultations are free, always.
Your home may be repossessed if you do not keep up repayments on your mortgage.