Exclusive Mortgages for Dentists
Tailored Mortgage Solutions for Healthcare Professionals
As a dentist or healthcare professional working as a contractor, securing a mortgage can feel complicated due to non-traditional income structures. Whether you’re self-employed, work on short-term contracts, or manage your own practice, high street lenders may hesitate to offer standard mortgage deals. But with Contractor Mortgage Solutions, you don’t need to worry! We specialise in mortgage solutions designed specifically for dentists, offering exclusive deals that fit your unique circumstances. Whether you’re buying your first home, remortgaging, investing in property, or even purchasing a dental practice, we make the process smooth and hassle-free.
Say Goodbye to Mortgage Hassles – We Handle It All
Whether you’re newly qualified, an associate, or a principal dentist, getting a mortgage is simple with Contractor Mortgage Solutions. We know how different your income can be, so we find the right mortgage deal just for you. Once you’ve picked a deal, our expert mortgage broker will help you through the whole process. We’ll handle the paperwork and talk to the lenders, so you don’t have to. Even if you’ve just started your career, you may still be able to get a mortgage by showing your expected income. You’ll usually need to provide:
- Payslips or accounts
- Bank statements
- Contract history and future earnings
- SA302 tax returns
We make the process easy, so you can focus on your work while we handle your mortgage.
Estimate Your Borrowing Power
Why Choose CMS for Your Mortgage as a Dentist?
At Contractor Mortgage Solutions, we specialise in securing mortgages for dentists. Here’s why we’re the right choice for you:
Expert Knowledge
With extensive experience in dentist mortgages, we understand how various income structures (self-employed, limited company, or salaried) affect your application, ensuring you receive the best deal tailored to your needs.
Access to Specialist Lenders
We partner with lenders who recognise the unique circumstances of dental professionals, offering flexible terms and competitive rates that traditional banks may not provide.
Tailored Advice
Our dedicated mortgage advisors deliver personalised guidance based on your specific financial situation, helping you navigate the mortgage process with confidence.
100% Online Service
Our fully online service allows you to manage your mortgage application at your convenience, fitting around your busy schedule without the need for in-person meetings unless desired.
No Hidden Fees
We pride ourselves on offering transparent advice with no hidden fees, ensuring a smooth and hassle-free experience from start to finish.
Quick and Efficient
We handle all the paperwork, saving you time and ensuring a swift, efficient application process.
Smart Insurance for Dentists—Stay Protected, Stay Confident
At Contractor Mortgage Solutions, we help dentists find the right protection tailored to their needs. Explore our range of insurance solutions designed to safeguard your income and future.
Income Protection Insurance
Have you considered what would happen if you’re unable to bring home the same income due to illness or injury? Our income protection solutions ensure you’re covered, so you can focus on recovery without the financial stress.
Relevant Life Cover
for Dentists
As a dentist, having the right life cover is essential. We specialise in relevant life cover for dental professionals, helping you secure protection for your family or business.
Critical Illness
Insurance
Available without a medical exam, this policy gives a lump sum to your beneficiaries, useful for expenses or as a financial gift.
Unlock Your Homeownership and Investment Potential
Whether you’re buying your first home, remortgaging, or investing in property as a healthcare
provider or dentist, we provide tailored solutions to make your journey smooth and rewarding.
Buying Your First Home?
As a dentist, buying your first home might seem overwhelming, but it doesn’t have to be! With our specialist mortgage solutions, we’ll handle the details, so you can focus on finding your dream home.
Looking for Remortgage?
Now’s the perfect time to save money on your mortgage! Whether you’re looking to secure a better rate or release equity, we’ll help you find the best remortgage solution tailored to your income as a dentist. Don’t leave money on the table—start saving today!
Thinking About Investing in Property?
Becoming a landlord has never been easier for healthcare professionals! With our buy-to-let mortgage options, you can invest in property and start earning rental income. We’ll guide you through every step!
Considering a Commercial Mortgage?
Planning to purchase a dental practice? We also offer commercial mortgage solutions designed to help you achieve your business ambitions. Our specialist brokers can provide guidance on securing the best terms for financing your practice.
FAQ’S
How can dentists get a mortgage as first-time buyers?
As a first-time buyer, dentists can take advantage of 95% loan-to-value (LTV) mortgages, meaning you’ll only need a 5% deposit to buy your home. You can also use your Lifetime ISA savings towards a deposit for properties up to £450,000.
Another option is the Shared Ownership scheme, where you can buy 25%, 50%, or 75% of a property and only need a deposit for the share you’re purchasing. This is especially helpful for dentists looking to buy in areas with higher property prices.
How can self-employed dentists get a mortgage?
Securing a mortgage can be more challenging for self-employed dentists compared to those on a salary. If you’re a sole trader, you’ll usually need to provide 1-2 years of self-assessment forms showing your income. For those operating under a limited company, lenders typically require 1-3 years of company accounts.
Working with a specialist broker like Contractor Mortgage Solutions can help you access mortgages with alternative documents, making the process smoother and more tailored to your needs.
What do dentists need to demonstrate to qualify for a mortgage?
To qualify for a mortgage, dentists typically need to demonstrate the following:
- Previous and Projected Income: Provide evidence of your past income along with projections of future earnings to show stability and reliability.
- Back-to-Back Contracts: Demonstrate a history of consecutive contracts, indicating a steady flow of work and income.
- Good Credit Score: Maintain a strong credit score, as lenders will assess your credit history to determine your eligibility and the terms of your mortgage.