We’ve taken five different doctors and examined exactly how they got into their homes in a bid to highlight the complexity of doctors’ pay structure. Many doctors struggle to get mortgages with high street lenders as they don’t understand their additional pays. Some will ignore them altogether and only use basic pay, whereas others will only use a % of additional pay.
Doctors Mortgages Online have a close relationship with several mortgage lenders that will use 100% of both basic and additional pay. It is because of this we were able to place the following mortgages with these four doctors, all at very different stages of their careers working all over the UK:
Dr Brookes (31), Gloucester
Working as a locum doctor in Gloucester, Dr Brookes longed to move to Manchester to be closer to her family. We were able to source a mortgage in Manchester for her, based on her locum income in Gloucester and potential future work available in Manchester, which was referenced by the locum agency. Dr Brookes also enjoyed a month off work between her finishing work in Gloucester and moving to Manchester.