Medical Doctor

09 February 2017
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Key issue:
Maximum levels
Case study:
Medical Doctor
Mortgage amount:
6 times income


Bank stretching may take accouunt of future prospects


Applicants are a married couple. Applicant 1 is a doctor and Applicant 2 is a homemaker. Mortgage required was 6 times income. They got it based on the fact that applicant 1 was a doctor and was eligible for promotion that entailed a large increase in the available overtime, this would have made the mortgage under 5 times income.