This month, as part of our In Focus updates, we’ve been sharing examples of real-life cases of applicants who have had approved mortgages from our range of Medical Professionals products.
Today, we would like to share with you a special video, featuring our Business Development Manager, Georgina England, telling you about the range and how it could benefit your clients.
Medical Professionals case study
The application:
- First time buyers requested £325,000 for their first home together
- Applicant one was a doctor who had recently become locum after working for the NHS for two years. Applicant two was a junior nurse
- The couple had been living with applicant one’s parents and paying them rent
Our solution:
Having only been in locum work for the past few months, we used the wage slips from this period to work out a projected income for the year, then added applicant two’s contracted income to work out affordability. We proceeded with the mortgage at 90% LTV over 30 years
