New Medical Professional Range of Mortgage Products
A lender has launched a new range, available on a two-year or five-year fixed basis, designed to support doctors and dentists who want to get onto the property ladder, by offering enhanced Loan to Income (LTI) multiples.
Available up to 90% Loan to Value (LTV), the products offer doctors and dentists the ability to borrow up to £1.5 million to a maximum of 5.5x income.
By offering higher-LTV options and enhanced criteria, they hope to support borrowers working in the medical sector with property purchase, whether first-time buyer’s or taking the next steps in their journey. The enhanced criteria is now offered to newly qualified borrowers too.