NHS Mortgages

Fee Free Mortgage Advice 

If you work for the NHS and need a mortgage, Ask About Mortgages can help. We are the NHS Hampshire Staff Benefits Mortgage Broker for the NHS Trusts across Hampshire, Berkshire, Wiltshire, Dorset and Somerset.

We offer a fee free service; that is no fee for our advice or to arrange a mortgage.

As an NHS employee you are likely to have a complex earning structure that needs to be presented correctly to the lender.

Working for the NHS doesn’t always mean that your pay is that straight forward. As an NHS employee it maybe that your payslips don’t reflect your true earnings. Maybe you are earning additional funds from private practice or that a large amount of your income is from overtime or bank pay.

If you work for the NHS and your basic net pay is actually a lot less than your actual earnings, having the right lender for your mortgage is essential.

NHS Mortgages – non reflective payslips for earnings, enhancements and unsocial working

Many people working in the NHS will get enhancements to their wage for working nights and weekends. These enhancements will show on payslips as Saturday EN, Sunday EN and Night Duty EN. In addition there are payments for unsocial working hours these are shown as AFC (agenda for change). Technically, these earnings may not be 100% guaranteed. With many lenders this could mean that as an NHS employee you can’t borrow the amount that you need. Ask About Mortgages have helped many health professionals overcome these exact issues and we’re keen to help you too.

Bank Nursing is changing in many NHS Trusts as is the attitude to this income with many lenders. It is especially important that earnings from bank nursing are realised as a valid stream of income. Our advisers specialise in this area and will guide you through how your earnings are best realised with the lenders.

Temporary or short term NHS contracts can be an issue for some lenders and if you are a GP locum you may well have first hand experience of this. Ask About Mortgages have good relationships with a wide range of lenders and know exactly what information they need to secure you a good mortgage deal.

We have arranged NHS Mortgages for admin staff, nursing staff, consultants, physicians, general practitioners and senior directors. We have worked with employees from the Southampton General Hospital, Royal Hampshire County Hospital and Queen Alexandra. Basingstoke and North Hampshire Hospital, the Royal Hampshire Hospital and the Royal Berkshire Hospital.

Your home may be repossessed if you do not keep up repayments on your mortgage.

NHS Mortgages – what do I do next?

Please make an appointment and we’ll go through everything with you. We’ll work out what you can borrow and what your monthly repayments will be based on the deposit that you have. We’ll give you our very best advice on what to do next to get the most from your NHS earnings.