Logo MortgageTek contractor mortgage Broker

Phone

020 3827 8558

Email

info@mortgage-tek.co.uk

Address

Watford WD18 9SB

Mortgages Built for Locum & Agency Doctors

Specialist mortgage solutions for doctors working through locum agencies, NHS banks, or short-term contracts, with lenders who understand variable medical income.

Specialist Lenders for Locum Doctors

Access to over 120 UK lenders, including those experienced with medical professionals

Mortgage-Tek works with lenders who understand locum doctor income, NHS bank shifts, agency payments, and short-term contracts.

We ensure income is assessed fairly, not penalised for flexibility.

Understanding Locum & Agency Doctor Mortgages

Mortgages designed for doctors with flexible working arrangements

Locum and agency doctor mortgages are tailored for medical professionals working on temporary NHS contracts, agency placements, or bank shifts. Lenders assess averaged income, contract continuity, specialty demand, and historical earnings rather than relying solely on permanent employment status.

Mortgage Options for Locum Doctors

Flexible solutions reflecting medical career progression

Understand what are the various different mortgages.

Residential Mortgages

Designed for locum doctors purchasing a main residence, with income averaged across contracts, NHS shifts, and agency placements to reflect true earning potential.

Understand what are the various different mortgages.

Fixed-Rate Mortgages

Offers predictable repayments for doctors seeking stability, even when working variable shifts or changing placements across hospitals or trusts.

Understand what are the various different mortgages.

First-Time Buyer Mortgages

Suitable for doctors comfortable with interest rate changes, often chosen when income is strong and contract availability is consistent.

Understand what are the various different mortgages.

Remortgage Options

Allows locum doctors to secure better rates, release equity, or restructure borrowing using updated earnings and contract history.

Understand what are the various different mortgages.

Buy-to-Let Mortgages

Ideal for doctors investing in property, with lenders considering locum income alongside rental projections for affordability assessments.

Is This Mortgage Right for You?

Designed for doctors working outside permanent NHS roles

This mortgage suits doctors earning income through locum agencies, NHS banks, or short-term contracts.

  • NHS locum doctors working across multiple trusts

  • Agency doctors on rolling or short-term contracts

  • Doctors combining NHS bank shifts and agency work

  • Medical professionals transitioning from training to locum roles

  • Doctors seeking residential or investment property mortgages

What Lenders Look For

How locum doctor income is assessed

Commercial Finance

Contract History

Most lenders require 6–12 months of locum or agency work, though some accept shorter histories for in-demand specialties.

Specialist Finance

Income Assessment

 Income is usually averaged over 12–24 months using payslips, agency statements, or bank statements to reflect sustainable earnings.

Specialist Finance

Credit Profile

 A strong credit history improves access to high-street lenders, though specialist lenders may accept minor adverse credit.

Specialist Finance

Specialty & Demand

Doctors in high-demand specialties may access more flexible lending criteria due to strong employment continuity.

Specialist Finance

Deposit Requirements

 Deposits typically range from 5–20%, depending on lender appetite, income stability, and property type.

Specialist Finance

Affordability Stress Testing

Lenders assess expenses and stress-test repayments against potential interest rate increases.

How Much Can I Borrow Calculator

Borrowing based on locum doctor income

Borrowing is calculated using averaged locum income, specialty demand, contract consistency, and personal expenditure. Mortgage-Tek structures applications to maximise borrowing without overstretching affordability.

First Applicant

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Your Estimated Borrowing Amount

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Based on your income details, this is an estimate of how much you might be able to borrow.

Mortgage Specialists for Medical Professionals

Trusted by doctors across the UK

Mortgage-Tek specialises in doctor mortgages, ensuring locum income is assessed accurately and fairly by lenders who understand medical careers.

Medical-Specialist Lenders

We work with lenders experienced in NHS, agency, and locum income structures, improving approval chances significantly.

Income Averaging Expertise

We present income correctly, averaging earnings across contracts to reflect long-term sustainability rather than short-term fluctuations.

Support for Career Transitions

Ideal for doctors moving from training to locum work or switching agencies without disrupting mortgage eligibility.

Transparent Comparisons

Clear comparisons of rates, fees, and lender criteria help doctors make confident decisions.

Fast, Managed Applications

Streamlined processes reduce delays caused by complex income documentation.

Long-Term Mortgage Planning

We help doctors align mortgages with career growth, future earnings, and property investment plans.

FAQs

Can locum doctors get mortgages without permanent contracts?

Yes. Many lenders accept locum doctors by assessing income history, specialty demand, and contract continuity rather than permanent employment.

Our Partner: https://contractormortgagesolutions.co.uk/

How is locum income calculated for mortgages?

Lenders usually average income over 12–24 months using agency payslips, invoices, or bank statements.

What deposit do locum doctors need?

Deposits typically start from 5%, though higher deposits may improve lender choice and interest rates.

Are NHS bank shifts accepted?

Yes. Regular NHS bank shifts can be included if income is consistent and well-documented.

Can I apply if I’ve recently become a locum?

Some lenders accept doctors with as little as 3–6 months of locum history, particularly in high-demand specialties.

Can locum doctors remortgage?

Yes. Remortgaging allows doctors to secure better rates or release equity based on updated income.

Can locum doctors get buy-to-let mortgages?

Yes. Lenders assess locum income alongside rental income projections for investment properties.