Let to buy mortgages from the medical professional experts
Our advisors understand the complex nature of healthcare incomes and how they can cause difficulties in getting the mortgage you want. We have trusted relationships with specialist healthcare lenders and access to exclusive deals. Our service is usually fee free so what do you have to lose?
I just started work as a locum. Doctors Mortgages were able to get me a mortgage using just three months payslips.
35,000+mortgages placed
15,000+ satisfied clients
Highly Rated
If you are looking to move house but you are struggling to sell your current home, your property has decreased in value or you’d simply prefer not to let go of the property, then a let to buy mortgage may be suitable for you. Letting out your property could permit you to move into a new property without the added pressure of having to sell your property quickly, or at a loss.
Let to buy works on the premise that is there is enough equity in your current property, you can remortgage and release enough cash to put down a deposit on a new property. Your original property would then be let out and the rental income used to cover the mortgage repayments. This in turn frees you up to take out a mortgage for your new property and cover the mortgage repayments with your salary or other source of income.
A let to buy mortgage is becoming increasingly popular with relocating doctors and medical professionals who need to relocate across the UK for work, but intend to return to their original location one day. If you don’t wish to rent a property whilst working in a temporary location, a let to buy mortgage allows you to purchase a property in your new location.
Having landlord responsibilities isn’t for everyone, and entering into a let to buy arrangements shouldn’t be taken lightly. If you are confident you will earn a decent rental income from your let to buy property and you can handle the responsibilities of being a landlord (or appointing an agent to manage this for you), a let to buy mortgage is a solution worth considering. You typically need a 25% deposit to qualify for a let to buy mortgage and you will need to prove to the lender that you can meet the mortgage repayments.
Another option worth considering if you are struggling to sell your property, is to remortgage your property in order to release equity to pay for home improvements to update or refresh your property and make it more desirable to buy
Are you a doctor about to move house but don’t want to sell your current property?
Mortgage Enquiry Form
A real world mortgage case
Richard, GP, Cardiff
Why use Doctors Mortgages Online?
8 reasons why is makes sense to use Doctors Mortgages
Our Experience
We have more than 20 years of experience sourcing mortgages for doctors that work for them. Doctors often earn higher than the average worker, so you would think they would have no problem securing the funds to buy a property. High street banks don’t understand the complexity of the medical profession, which can result in delays and rejected mortgage applications. With us, it’s simple. We provide practical mortgage advice at any stage in their career, sourcing mortgage deals of up to 5.5 times your income.
Saves You Time
Our online mortgage broker service will do all the leg work for you. You provide us with the essential information, and we’ll do the rest, from filling out the forms and submitting the application. We’ll handle communication with the lender to secure a mortgage for doctors wherever they are.
Understanding Of Earnings Structure
Regular lenders make mortgages for doctors complicated. Our online mortgage brokers understand how you get paid and how your employment contracts work so you won’t get rejected due to misrepresentation.
Easy Application Process
Our brokers handle the entire application process, so you can rest easy.
100% Online Service
Unsociable working hours and fragmented shifts can make it harder for you to find time to research lenders. Our 100% online mortgage broker service works around your schedule, with all communication via email or phone. We will never request to see you face-to-face unless you want to, and we will only contact you when you are available.
A Personal Mortgage Advisor
Once we are in touch, you will be allocated your personal mortgage advisor to guide you through the process. A specialist in providing mortgage advice for doctors, they will arrange the paperwork and find the right lender to ensure that your funds arrive in time to exchange contracts.
Strong Relationships With Lenders
We’ve built up trusted relationships with bespoke lenders that are not on the high street, meaning we can access better mortgage rates than you could find yourself.
Fee Free
The online mortgage broker for doctors’ service we provide doesn’t require a fee unless your case is particularly complex. We work on a commission basis.
We can help you with all your mortgage and investment
needs at every stage of your financial journey
Our Process
We understand that you are a busy professional, so that’s why we keep our process as simple as one, two, three. Leave the process in our capable hands, and we’ll source you a bespoke mortgage deal that is tailored to fit you.
Here are our three steps:
Get in touch
Reach out via phone, email, or the contact form with your details, and we’ll arrange a time to discuss your requirements. We are available outside of traditional office hours and at weekends.
Initial Meeting
Over the phone or video call, we’ll gather all the information we need to find you the perfect mortgage. During this call, we’ll outline the process.
Review your options
We’ll get in touch to confirm your mortgage options and will handle the application right through to offer. Once the offer has been produced, we will talk you through the next steps and will be there to help you through too completion!
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