Complex income structures understood. Specialist mortgage advice for GPs, hospital doctors, consultants, and all NHS locums.
Locum doctors often earn significantly more than their salaried counterparts — but their income is harder to evidence in the way high-street lenders expect. No single employer. No standard payslip. Often multiple income streams across NHS trusts, private clinics, and agencies.
High-street lenders either decline locum applications outright or use the lowest evidenced income figure, ignoring the full picture. A locum GP earning £120,000 across three trusts might be offered a mortgage based on £40,000 from a single source.
Specialist lenders take a different approach. They're experienced with locum income structures, understand the NHS framework, and know how to aggregate income from multiple sources to produce an accurate affordability assessment.
12 months of locum income from all sources. Agency payslips, direct invoices, NHS remittances, or limited company accounts — all count, depending on lender.
Total evidenced income × income multiple (typically 4–4.5× for standard applications; some lenders go higher for medical professionals).
Bank statements showing payments + payslips or remittances from agencies + any company accounts if working through a limited company.
Figures are illustrative. Actual borrowing depends on lender criteria, deposit, credit profile, and individual circumstances.
Agency locum, direct NHS bookings, limited company, or a mix. Each has a different income evidence trail. Specialist lenders can accommodate all of them.
Lenders look for consistent earnings over 12 months rather than a single high month. Seasonal variation is normal in locum work and understood by specialist underwriters.
Annual leave and study leave create apparent income gaps. These are explainable and manageable with the right lender — a gap that would concern a generalist broker is routine for a medical income specialist.
GMC registration provides an additional layer of credibility with some lenders. Medical professionals are considered low-risk borrowers despite complex income.
Locum mortgage advice applies across all medical specialisms and roles.
Yes. Specialist lenders understand locum income structures — including NHS agency bookings, direct bookings, and limited company locum arrangements. The key is finding the right lender and presenting income correctly.
Lenders typically use 12 months of locum earnings as evidenced by bank statements, NHS payslips, agency remittances, or limited company accounts depending on how you work. Day rate or session rate can be annualised similarly to contractor income.
It affects how income is evidenced, not whether you can get a mortgage. Agency locums have payslips; direct locums may invoice directly or work through a limited company. Both routes are understood by specialist lenders.
Yes. Income from multiple trusts and agencies can typically be aggregated by specialist lenders, provided it's evidenced through bank statements and payslips.
Some lenders require 12 months of locum history. Others are more flexible, particularly for medical professionals with a clear earnings trajectory. This is worth discussing before applying.
No obligation. We understand how locum income works — and which lenders do too.
Book a free call →Chris
CII CF1 · CF6 · ER1 — Contractor mortgage specialist
30 years inside UK mortgage lending. Chris has arranged mortgages for locum doctors, GPs, and NHS contractors across all specialisms and income structures.
Page reviewed July 2026.