Financial advice for Medical Professionals
I specialise on advising medical professionals and help doctors to realise their financial objectives. I can help you with but not limited to wealth management, retirement planning, tax planning, savings, investments, and inheritance tax planning.
Nick has an expert understanding of the financial situations that medical professionals face and can offer sound, specialist financial advice for doctors, surgeons, and consultants. Based in Altrincham our medic financial adviser can help medical professionals navigate through the complex NHS pension schemes and NHS consultant contracts.
Our aim is to help you make informed choices about your future, and the financial security for you and your family.
The value of an investment with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.
Mortgages for Medical Professionals
If you are a doctor and looking to re-mortgage or purchase a property, I always advise to start the mortgage process early. I can help you get into the best financial position and are happy to work with your accountant to achieve this.
Lenders can become confused when dealing with banded remuneration packages, clients who have both employed and self-employed income or have recently set up or joined a limited company or partnership. Some mortgage lenders may consider you if you’re newly employed. It’s also possible to get a mortgage on a temporary contract or variable income.
Our Mortgage Adviser Nick Bone, based in Altrincham, provides tailored mortgage advice to healthcare professionals. Using a specialist adviser with medical professional experience can make a difference to the success of your mortgage application. Whether you are buying, investing, or remortgaging, Nicholas Bone Financial can source a mortgage at a rate to suit you.
Your home or other property may be repossessed if you do not keep up repayments on your mortgage.
Some buy to let mortgages are not regulated by the Financial Conduct Authority.
Frequently asked questions
I’ve been in the UK less than two years. Can I get a mortgage?
There are lenders that will consider mortgages for medical professionals who have been in the UK for less than two years.
I don’t have two years’ accounts. Can I still get a ‘medic’ mortgage?
There are lenders who will consider lending if you don’t have two years’ accounts. As part of the underwriting process they will consider your previous experience, employment history and your previous income. Get in touch today to find out how much you can borrow for your mortgage.
Can newly qualified doctors get a mortgage?
Even if you’re yet to formally start your employment, you may still be eligible for a mortgage. An offer letter or contract may be enough for lenders to assess your income. It’s important to note that not every lender will do this, so get in touch with our Mortgage Adviser before applying.
Your home may be repossessed if you do not keep up repayment on your mortgage.
We offer a comprehensive range of first charge mortgages from across the market that are made available to mortgage intermediaries, for which we are paid a procuration fee by the lender.
