Junior doctors are viewed as being self employed as they don’t have permanent employment contracts. As your training rotates, your contracts will change frequently and this makes it harder for lenders to judge your earnings accurately because they don’t understand the dynamics of a trainee doctor.
If you have struggled to get a mortgage as a junior doctor, Doctors Mortgages Online can help you get any mortgage on the market. We have access to lenders who understand junior doctor contracts and some will even lend if you can provide a contract offer letter. If you are looking to get your foot on the property ladder, remortgage to consolidate debt from training or sabbatical, buy to let or let to buy, we can let you know exactly how much you can borrow and offer you a range of competitive mortgage rates based on your individual criteria.