Mortgages For Dentists

Mortgages For Dentists.

Welcome to Fox Davidson, we are a boutique mortgage brokerage specialising in mortgages for dentists and other professionals. Since 2013 we have worked with Dentists to secure bespoke lending terms for mortgages against a main residence, second homes and buy to lets. We also advise Dentists on funding for dental practices and arrange this commercial finance for you. 

In this comprehensive article, we’ll explore the unique advantages dentists enjoy in the mortgage world and how Fox Davidson’s expertise ensures unparalleled support in securing the very best mortgages for dentists. We will look at the benefits dentists can receive from mortgage lenders including increased income multiples, flexible underwriting and in some cases preferential mortgage interest rates. 

Professional Mortgages:

Dentists hold a distinguished position among professionals, and their unique financial standing warrants a specialised approach when it comes to mortgage financing. At Fox Davidson, we recognise the significance of the dental profession in particular the stability of the profession and the earnings potential. We leverage our knowledge and expertise to provide dentists with tailored mortgage solutions that align with your current circumstances and your goals.

There are a number of ways we can help professional clients including:

• Professional Treatment by Lenders:

Mortgage lenders recognise dentists as professionals with stable and secure career paths. This professional treatment often translates into more lenient underwriting, as lenders view dentists as low-risk borrowers.

• Increased Income Multiples:

One of the notable advantages for dentists seeking mortgages is the potential for increased income multiples. Lenders may offer up to 6 times the annual income of a dentist, providing greater borrowing capacity versus the standard mortgage market.

• Preferential Interest Rates:

Due to the strength of the dental profession, some lenders may extend preferential interest rates to dentists. This can result in more favourable terms, allowing dentists to access mortgage products with competitive rates, reserved for professionals. 

How Fox Davidson Specialises in Securing Mortgages for Dentists:

• In-Depth Understanding of the Dental Profession:

At Fox Davidson, we take pride in our in-depth understanding of the dental profession. Our team is well-versed in the unique financial dynamics that dentists face, including irregular income structures, self-employment, and the potential for future income growth.

• Tailored Financial Analysis:

When working with dentists, we conduct a tailored financial analysis that goes beyond traditional metrics. We consider the specific challenges and opportunities associated with the dental profession, allowing us to present a comprehensive financial picture to potential lenders.

• Relationships with Specialised Lenders:

Fox Davidson has cultivated strong relationships with lenders who specialise in serving professionals, including dentists. These lenders appreciate the nuances of the dental profession and are more inclined to offer bespoke mortgage solutions that cater to the unique needs of dentists.

• Negotiating Favourable Terms:

Our FCA regulated brokers engage with lenders on behalf of our dentist clients to secure favourable terms. Whether it’s maximising income multiples, obtaining preferential rates, or structuring flexible repayment options, we advocate for terms that align with the financial goals of our dentist clients.

• Streamlined Application Process:

Fox Davidson understands the value of time for busy professionals. Our streamlined application process is designed to minimise the administrative burden on dentists, allowing them to focus on their careers while we handle the complexities of mortgage financing.

Complex Income.

Fox Davidson are well versed in dealing with complex income. We can secure mortgages for Dentists who are on short terms contracts, who have just switched from employed to self-employed including Ltd company directors and fund commercial mortgages for dentists buying or refinancing their own dental practice.  

Commercial Mortgages for Dentists.

Commercial mortgage lenders also recognise Dentists as professionals and can offer flexible lending criteria. 

Fox Davidson work with lenders across the market and can offer Dentists up to 100% loan to value against the dental practice and up to 80% loan to value against the goodwill valuation of the business. 

Commercial mortgage lenders can be very flexible in their lending for Dental practices, we have secured commercial mortgages for clients using one years accounts, working from management accounts and also funded business acquisitions using projected earnings from a comprehensive business plan. 

Working with Fox Davidson.

Fox Davidson takes immense pride in being the premier choice for dentists seeking mortgage financing in the UK. Our commitment to understanding the unique needs of dental professionals, coupled with our strong relationships with professional lenders ensures that dentists receive the personalised and expert support they deserve on their journey to homeownership.

If you are a dentist exploring mortgage options, please do get in touch. We secure residential mortgages, buy to let mortgages, and mortgages for business premises including dental practices. 

To discuss mortgages for dentists and how Fox Davidson can help you secure the funding you require please do get in touch.