Our mortgage advisers specialise in providing bespoke mortgage solutions for doctors, dentists and other high-earning professionals, understanding the unique financial profiles and challenges these sectors face.
At Bower Private Clients, our experts specialise in providing bespoke mortgage solutions for doctors, dentists and other high-earning professionals, understanding the unique financial profiles and challenges these sectors face. Our mortgage advisers are specialists in this field and can ensure you are paired with specialist mortgage brokers who also understand the nuances of the medical sector.
Our team is well-versed in medical professionals’ specific income structures and career paths, from NHS roles to private practice and consultancy work, ensuring that every mortgage solution is perfectly tailored to each individual’s circumstances. As will any specialist broker or mortgage lender we pair you with.
At Bower Private Clients, we provide tailored mortgage advice that aligns seamlessly with the intricacies of your career path. Understanding that each profession comes with its unique financial landscape and challenges, our approach is to offer bespoke guidance that respects and adapts to these differences.
Whether you’re a medical professional navigating the complexities of NHS contracts and locum work, a private dentist balancing business profitability with personal income, or a nurse managing variable earnings, our expert advisers are equipped to find mortgage solutions that fit.
We consider all aspects of your career trajectory, income structure, and future potential, ensuring our mortgage advice meets your current needs and supports your long-term goals.
With Bower Private Clients, you’re assured of receiving a personalised service that recognises the nuances of your professional life, ensuring your mortgage complements your career ambitions.
We acknowledge the stability and potential for income growth inherent in the medical profession, enabling us to negotiate favourable terms reflecting doctor borrowers’ low-risk profile. This professional mortgage is suitable for all medical workers, and our team at Bower Private Clients are on hand to provide specialist mortgage advice.
With Bower Private Clients, doctors can expect a seamless, informed service that simplifies the mortgage process, allowing them to focus on their critical work. At the same time, we handle the complexities of their mortgage needs with expertise and care.
Bower Private Clients is a specialist intermediary between medical professionals and the most suitable mortgage brokers and lenders tailored to their unique financial needs. Our deep understanding of the medical profession allows us to expertly match you with brokers and lenders specialising in providing medical professionals with mortgage solutions.
We consider the distinct aspects of medical careers, from fluctuating income due to locum work to future earning potentials associated with career progression within the NHS or private practice.
Bower Private Clients ensures that your mortgage broker fully comprehends the intricacies of your profession, enabling access to mortgage products that are not just competitive but also flexible enough to adapt to the dynamic nature of medical careers.
Our specialist mortgage advisers are ready to help you find a mortgage that is tailored to meet the specific needs of medical professionals.
Mortgages for doctors are tailored financial solutions designed to meet the specific needs of medical professionals, who often have unique income structures and career trajectories. Recognising the stability and earning potential inherent to the medical profession, these mortgages accommodate varying income levels, including NHS banding, locum work, and private practice earnings.
Medical mortgages are often provided by lenders with expertise in the medical profession, ensuring they understand the specific needs and challenges medical professionals face, leading to a smoother application process.
Medical mortgages take into account the unique income structures of medical professionals, including future salary progression, allowing for more accurate and potentially favourable affordability assessments.
Recognising the financial constraints of medical training, some medical mortgages offer reduced deposit requirements, making it easier for medical professionals to purchase property earlier in their careers.
Given the medical field’s stable and high earning potential, lenders may offer higher borrowing limits than standard mortgages, reflecting the lower risk of lending to medical professionals.
Take a look below at the reviews we’ve received from our customers.
Andrew Card at Bower Home Finance was recommended to us by Jake Sumner a mortgage advisor that our son David had used. This is the first time that my Wife and I explored equity release and had heard some negative views about it from different sources and we have to admit we approached the process with some naivety and caution. From the very start Andrew was extremely helpful and informative no matter how many questions we put to him. We sometimes went back to Andrew with the same questions and at all times Andrew showed great patience and took time to explain our queries clearly with no 'jargon' or confusing detail. Andrew made the whole process comfortable and understandable from start to finish and also recommended a very good solicitor for the necessary legal advice required. We would have no hesitation in recommending Andrew Card and Bower Home Finance.
Mr & Mrs Nash
South Shropshire
The service received from Bower was excellent and my advisor, Vanessa Carver, was very knowledgeable on the whole process. The meeting I had with her was very thourgh and I was very impressed with the way we discussed my situation and aspirations. I would recommend Bower to my friends and colleagues if they ever decided to consider equity release, Kind regards and thank you again for the service provided RJ Martin
Trusted Customer
First class service from start to finish. Vanessa couldn’t have been more helpful, her communication and the information she provided was excellent. She kept us updated throughout the process and got us the best product for our needs, even finding out through her research that I am now entitled to Council Tax support, hence saving me money throughout the year too! Vanessa is a credit to your company and I would have no hesitation in recommending her to anyone looking to explore equity release in the future.
Mr Beard
Desborough
Following my initial online contact I received a phone call which enabled me to start the process with confidence. I did not feel 'pushed' or 'managed' in any way. I was able to have face to face meetings at home so that I could clarify issues that I was unsure about, and from the beginning Steve was excellent at informing of updates via phone and email. He also helped by researching local surveyors for me so that I could quickly and easily make my selection. Throughout the process he was cheerful, positive and a lovely person to work with!
Trusted Customer
We did our research and decided on Bower because it stood out; I believe it was the smallest company we looked at and hoped for a more personal service, than some of the ‘big boys’, which Bower certainly lived up to. Our enquiry quickly led to an appointment with Andrew Card, who was so knowledgeable and explained everything, in language that we understood. He then did his research and came back with our options. Although we had a couple of hiccups, Andrew stepped in and sorted them out without any fuss. We have now completed our equity release and would like to thank Andrew and Nicky for all their support. We would certainly have no hesitation in recommending Bower, and of course Andrew Card, to anyone.
Trusted Customer
Whether you’re a newly qualified doctor or an experienced consultant, our personalised service is designed to cater to your specific needs, offering tailored advice and solutions.
By initiating a conversation with us, you’re not just making a call but setting the wheels in motion for a mortgage solution that aligns perfectly with your professional journey and personal aspirations.
Let Bower Private Clients be your trusted partner in navigating the mortgage landscape, ensuring a seamless and successful path to securing your ideal medical mortgage.
With Bower Private Clients, we provide a seamless, informed service that simplifies the mortgage process, allowing you to focus on your critical work.
Read more about usMortgages for newly qualified doctors are designed to accommodate the early stages of a medical career, recognising the unique challenges and financial situations that newly qualified practitioners face.
Despite being at the beginning of their professional journey, with potentially limited savings and a starting salary, these individuals can access mortgage solutions tailored to their future earning potential and career stability.
Lenders in the UK offer products that consider the predictable career progression and salary increases inherent to the medical profession. These mortgages may feature more flexible criteria regarding deposit requirements and affordability assessments, acknowledging the substantial student loans or lack of extensive credit history that can be common among new doctors. This approach enables newly qualified doctors to step onto the property ladder sooner, allowing them to invest in their future while embarking on their medical careers.
Suppose you’re concerned about how your medical student debt might impact your ability to secure a mortgage. It’s important to understand that many lenders take a nuanced view of this debt, especially for medical professionals.
In the UK, mortgage providers often recognise doctors’ substantial future earning potential and are willing to consider this in their lending decisions. While student debt is factored into affordability assessments, the stable and high-income trajectory associated with the medical profession can offset these concerns.
It’s advisable to speak with a mortgage adviser who specialises in medical mortgages, as they can offer tailored advice and help find lenders more sympathetic to medical professionals’ financial path. With the proper guidance, your student debt should not be a barrier to securing a mortgage, allowing you to focus on your career and future financial goals.
For doctors in the UK, various mortgage types are available to cater to their specific financial and professional circumstances. Our team at Bower Private Clients are here to ensure your mortgage application and mortgage payments are suitable for your needs. Let’s look at what professional mortgage options are available to you!
These include fixed-rate mortgages, offering stability with consistent monthly payments; variable-rate mortgages, which fluctuate with the market but can offer lower initial rates; and offset mortgages, where savings can offset the mortgage balance, reducing interest payments and for higher rate taxpayers and individuals that require a good return on instant access savings.
Given their stable and often high-earning potential, doctors may also have access to more significant loan amounts and more favourable terms, such as higher loan-to-value ratios or more lenient lending criteria.
Specialist lenders and financial institutions often provide bespoke mortgage products for medical professionals, recognising their unique career structures, such as progression through NHS bands or income from private practice.
These tailored options ensure that doctors can find mortgage solutions that align with their immediate needs and future financial goals, taking into account the particularities of their profession.
With access to over 500 lenders, Bower will help you release equity and create liquidity to acquire property, whenever you want to buy
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Some buy to let mortgages are not regulated by the Financial Conduct Authority.
Bower Private Clients provides impartial whole of market advice with an award winning customer service experience. There will be a fee for mortgage advice. The precise amount will depend upon your circumstances but a typical fee of £695 will be payable on the application of the mortgage.
Speak to one of our dedicated customer specialists or arrange your free, initial no-obligation quote by calling us on freephone 0203 817 6040.
Bower Private Clients is a trading style of Bower Retirement Limited and is Authorised and Regulated by the Financial Conduct Authority. Financial Services Register Number: 451607.
Registered in England and Wales No: 5788110. Registered office: Bower Private Clients, Ongar Business Centre, The Gables, Fyfield Road, Ongar, CM5 0GA.
0808 281 2658
