First Time Buyer

Hinckley & Rugby Building Society has announced that it has now introduced bespoke mortgages aimed at medical professionals and designed to enable them to buy their first and subsequent homes.

The mortgages for medics apply the Society’s manually underwritten processing to applications from newly and recently qualified doctors and dentists, with higher loan to income multiples and increased maximum loan sizes.

Locum and other supplementary income is accepted. Hinckley & Rugby is offering a warm welcome to medical professionals recently returned from abroad and those moving into self-employment. And a flexible approach is also offered to medical staff in roles beyond that of doctors and dentists.

With up to 40-year terms, no maximum age at term-end and interest only available, Hinckley & Rugby is endeavouring to be a ‘can do’ lender for professionals who can expect ongoing pay progression in a sector where workforce demand is exceeding supply.

Full/source article 

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