In addition to their full-time employment, many medical professionals put in overtime, frequently through private or NHS hospitals. Home of Mortgages works with lenders who are aware of this payment structure and can apply the entirety of all additional income to affordability.
For working irregular hours or taking on additional duties, medical professionals may be paid shift bonuses. It can be very beneficial to factor these allowances into your analysis of affordability.
The creation of a limited company may be a more tax-effective method of receiving income for medical professionals earning more than a certain amount. This might be your sole source of income, or you might combine it with a job with the NHS.