Despite the weirdness that is Brexit, the traditional increase in the number of new mortgage applications in springtime continues. There are plenty of decent rates out there, particularly fixed rates. But what if you are a locum? It may be great to have the flexibility and autonomy of working patterns, but if it stops you having a mortgage it can cause a real headache.
All locum roles are not the same in the eyes of a mortgage underwriter. There are differences in the way that types of locum roles are assessed. For example, they will assess a ‘salaried’ locum differently to a self-employed portfolio locum working in various practices in short term roles. It is worth taking specialist advise before you start the application process.
But fear not, it’s not as hard as you might have heard.