Professional
Mortgages that recognise the way a medical career develops
Doctors often have excellent long-term earning prospects, but medical income can be more complicated than a single basic salary. Rotations, fixed-term contracts, banding, additional programmed activities, on-call payments, locum work, private practice and GP partnership income can all affect how a lender assesses affordability. ERG Finance presents the complete income picture to lenders that understand medical careers.
We will review your income, plans and property before recommending the most suitable mortgage route. Your initial conversation is without obligation.
Who we can help
We help foundation and specialty trainees, registrars, consultants, salaried GPs, GP partners, locum doctors and doctors combining NHS and private work. We can also consider applicants moving employer, starting a confirmed post or buying alongside a partner with a different income structure.
Why a standard mortgage calculator may not tell the full story
Automated calculators rarely capture the nuances of professional income. Common issues include:
- Short rotations or fixed-term NHS contracts
- Recent qualification or a confirmed salary increase
- On-call pay, overtime, banding supplements and additional sessions
- Locum income through PAYE, sole-trader or limited-company arrangements
- GP partnership drawings and profit share
- NHS pension deductions and other commitments affecting affordability
How ERG Finance approaches your mortgage
We separate guaranteed income from sustainable variable income, check how each lender treats the applicant’s grade and contract, and package evidence clearly. For GP partners or doctors with private practice, we can consider partnership accounts, tax calculations, current performance and the wider trajectory rather than relying on one headline figure.
We will:
- understand how every element of your income is earned and evidenced
- assess affordability and criteria before recommending a lender
- compare rate, fee, flexibility and overall cost rather than focusing on rate alone
- prepare and manage the application through to completion
- remain available to review the mortgage as your career and plans develop
What we may ask you for
The exact documents depend on the lender and income structure, but may include payslips, P60s, employment or partnership contracts, tax calculations and tax-year overviews, business or partnership accounts, bank statements, evidence of bonus or allowances, and confirmation of a new role or return-to-work arrangements.
Frequently Asked Questions
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Yes. Lenders may accept applicants in training and on rotations, although their treatment of contract length, employment history and future roles differs.
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Many will include some or all sustainable additional income where it is evidenced. The calculation may use recent payslips, a longer average or a percentage of the amount received.
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Yes. The correct route depends on whether the work is PAYE, agency, sole trader or through a limited company, together with the length and consistency of the track record.
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Lenders may use taxable profit, partnership share, drawings or an average across recent years. A specialist review can be valuable where profit is increasing or the applicant has recently joined the partnership.
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Some lenders can consider a signed contract or confirmed role before the first payslip, subject to their criteria and the start date.
Speak to an advisor
Book a consultation
Check out our availability and book the date and time that works for you.
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Time zone: United Kingdom (Europe/London)
Your consultation
A 30-minute telephone call with one of our advisers. Tell us a little about your situation and we’ll match you with the right person.
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. The availability and terms of any mortgage depend on individual circumstances, lender criteria, affordability, credit assessment and valuation. Professional status does not guarantee acceptance or enhanced borrowing.