A flexible mortgage exclusively for professionals
If you’re 21 or over and a fully qualified, practicing and registered:
- Medical doctor
Scottish Widows Bank has a mortgage just for you.
We'll also consider trainee accountants, trainee actuaries and trainee solicitors.
Our Professional Mortgage allows you to borrow up to 90% of the purchase price or valuation of your property – whichever is lower.
And we assess each application individually rather than sticking to a rigid formula. It doesn't matter if you’re newly qualified or have spent many years in your profession – whatever stage you are at in your life or career our Professional Mortgage is flexible enough to adapt to your needs.
Other features you may find useful include:
- Borrow up to 90% – you can borrow up to 90% of the purchase price or valuation of your property, whichever is lower (85% for remortgages with capital raise).
- Offset facility – use your savings to help you save money on your mortgage. You can choose to benefit from either reducing the term of your mortgage, or reducing your monthly mortgage payment. Offset is available at no additional cost.
- Additional Mortgage Borrowing – if your main mortgage is less than the agreed maximum amount you could borrow, you can apply for a Further Advance once you've had your mortgage with us for six months.
- Remortgage packages – Our remortgage package offers a free valuation, and free legals or £300 cashback on completion. Restrictions apply, see In detail for more information.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
In detail will give you more in-depth information about our Professional Mortgage including how much you could borrow and repayment methods available.