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    • First Time Buyer

    Specialist mortgages for medical profession

    Replies 0 Views 158 Activity 10 days ago Users 1
    Go to first unread post
    Vanessa Warwick 5 Dec at 11:10



    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 

    Watch out video on how first time buyers can find a suitable mortgage:

    Check out Kate's CheckList for further tips:

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    Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**