Can I Get A Mortgage With Less Than 2 Years Of Accounts? with Sarah Grace [CPD Available]

Check if your dental practice qualifies for capital allowances here >>> https://www.dentistswhoinvest.com/chris-lonergan———————————————————————Do your mortgage repayments feel high?Connect with Sarah here: https://www.dentistswhoinvest.com/sarah-grace-mortgages———————————————————————UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club———————————————————————Breaking free from the mortgage myths that hold dentists back. If you've been told you need two years of accounts to secure a mortgage, prepare to have your financial horizons expanded. This game-changing conversation with specialist dental mortgage advisor Sarah Grace reveals that dentists can secure mortgages much earlier in their careers than most high street banks would have them believe.For associates, the path to property ownership can begin after just three months of pay schedules. Whether you're fresh from foundation training, transitioning between business structures, or returning from maternity leave, specialist lenders recognize your earning potential without demanding years of financial history. The best part? The interest rate premium for these specialized mortgages is minimal – often just a quarter percent more than standard rates. This means newly qualified dentists can start building property wealth years earlier than they might have thought possible.Practice owners face different considerations but equally promising opportunities. While principals typically need at least a year's worth of accounts, many lenders will consider retained profits within the business rather than just the salary and dividends drawn. This approach recognizes the true financial strength of dental practice ownership, particularly for those structuring their finances efficiently for tax purposes. We also explore the nuances of what lenders consider "commitments" against your name and how company expenses versus personal expenses affect borrowing power – knowledge that can significantly increase your mortgage potential.Ready to rethink what's possible with your dental income? Listen now and discover how to leverage your professional status to secure property financing on your timeline, not the bank's. And don't forget to claim your free verifiable CPD by completing the short questionnaire through the link in our description – making this episode both financially enlightening and professionally valuable.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.Send us Fan Mail