Do your mortgage repayments feel high?
Connect with Sarah here: https://www.dentistswhoinvest.com/sarah-grace-mortgages

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You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>> dentistswhoinvest.com/podcastreport

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Are you ready for a shake-up in your property-buying strategy? In this episode, we’re unpacking the latest budget changes and how they’ll impact the property market. Big shifts to stamp duty—like the removal of first-time buyer relief and the halving of the nil-rate band from £250,000 to £125,000—could significantly affect your costs. If you’re planning to buy after March 31st, be prepared for a potential jump in costs, with first-time buyers seeing their bills soar from £3,750 to £10,000 on a £500,000 property.

We’ll also explain why it’s absolutely crucial to finalise your property deal before the deadline. Whether you’re a first-time buyer or a seasoned buy-to-let investor, these changes are bound to shake things up, especially with an additional 5% stamp duty on buy-to-let purchases.

But it’s not all bad news. If you’re a new dentist looking to transition to self-employment, you’ll be pleased to hear that you don’t need years of financial records to secure a mortgage. You can actually use just three months of pay schedules to qualify for a mortgage of up to five times your income. So, if you’re bringing in around £7,000 a month, you could be looking at borrowing up to £420,000. The key is to act fast and make the most of savings before the year ends. Tune in for insider tips that could completely change how you approach the property market in these uncertain times.

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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.

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