At Monica Bradley Associates, we specialise in mortgages for medical professionals with complex income structures, for example those who operate as contractors or consultants, or who own their own businesses, which can prove to be difficult when it comes to securing a mortgage, either for a home move, Buy To Let investment or simply to take advantage of the current record low interest rates to remortgage your current property.
We understand that, whilst your earnings may be high, due to the way your income is structured this can sometimes lead to lenders turning you down for a mortgage and we understand how frustrating and stressful this can be.
But this is where our expert team can help. We’ve spent years building strong relationships with a range of lenders; high street names you may be familiar with, as well as smaller specialist providers and private banks.
We’ll work with you to fully understand your circumstances in order to represent your case in the best light possible to then match you with the right product and lender for your individual circumstances. With many of our existing clients working within the medical profession, we also have an in-depth understanding of the specific challenges involved in securing mortgages for those working in this sector, and are able to assist at every step to ensure that your application runs smoothly.
So whilst your circumstances may be complex, let our team take the hassle out of the process. For a friendly and informal chat to explore the possibilities, contact us to book your complementary initial review.
A happier workforce
In the survey of 5000 employees, 34 per cent said they would be unprepared for unexpected financial costs or a loss of income. **In a separate survey, almost 30 per cent said they were regularly running out of money before payday. One in seven said they would struggle to pay their mortgage if it was just £99 more per month.
Yet with access to the right information, it is possible for employees to improve how they manage their money, resulting in less anxiety and more productivity at work.
MB Associates is offering financial health coaching to improve the wellbeing of employees and enhance employers’ benefits packages. Our informative, friendly workshops will offer practical tips to help your staff save money and regain control over their finances.
Topics covered will include our 7 financial health pillars:
1. Money behaviours and improving your relationship with money
2. Budgeting made easy
3. Dealing with debt
4. Defining your money goals
5. Getting the best deal on your mortgage or remortgage
6. How to prepare for the unexpected
7. Planning ahead for a secure financial future
Our financial health coaching can be tailored to suit the needs of your staff and can be delivered individually or in a group setting at your offices or via Zoom.
For insurance business we offer products from a choice of insurers.
You may have to pay an early repayment charge to your existing lender if you remortgage.
There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage.
A fee of up to 1% of the mortgage may be charged depending on individual circumstances. A typical fee is £495.
Monica Bradley Associates is a trading name of Monica Bradley Associates Limited which is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority.
Monica Bradley Associates Limited. Registered Office: Carlton Chambers, 16a The Broadway, Cheam, Surrey, SM3 8AY. Registered in England Number: 08857932