It’s Monday!
Start the week right.
Save money on your mortgage.
View this week’s Best Rate Mortgages for doctors and dentists, to help you save money on your monthly mortgage payments.
This article does not constitute advice.
Professional advice should be taken prior to acting on any part of it.
Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
Mortgages for doctors and dentists
Whether you are looking to remortgage and save money on your current monthly mortgage payment, invest in a buy-to-let property or require finance for your first home, Dental & Medical Financial Services have access to the best rates on the market.
As Independent Mortgage Brokers, we can help you decide which mortgage is best for your situation.
Heard of an offset mortgage?
Offset mortgages are popular at the moment, as interest rates on savings are not earning investors sufficient returns.
Here, your savings income is deducted from your mortgage debt and mortgage interest is only charged on the balance. It can shave thousands of pounds off your total mortgage, or enable you to have cleared your debts several years earlier.
Here are this week’s current best rates:
TERM | TYPE | RATE OF INTEREST | GREAT FOR: |
---|---|---|---|
2 year | FIXED - 65% | 1.19% | Saving money by remortgaging |
2 year | TRACKER | 1.34% | Taking advantage of low Bank of England base rate |
3 year | FIXED - 65% | 1.49% | Saving money by remortgaging |
5 year | FIXED - 65% | 1.83% | Saving money by remortgaging |
10 year | FIXED - 65% | 2.49% | Long-term reassurance of low monthly payments |
2 year | FIXED (Offset) - 60% | 1.35% | Saving money by remortgaging |
2 year | FIXED - 90% | 1.95% | First-time buyers with small deposit |
2 year | FIXED - 85% | 1.49% | First-time buyers with small deposit |
2 year | FIXED - Buy-to-Let - 75% | 2.04% | Property investors with a moderate deposit |
Average lenders | Standard Variable Rate | 4.24% | Flexibility |