Mortgages for
Key Workers
Getting key workers onto the property ladder
Getting started with your mortgage as a key worker
If you’re a key worker looking to buy your dream property, take your first steps on the property ladder, or remortgage your home, you may be eligible for exclusive mortgage products.
We work with specialist lenders who recognise the important role key workers play and offer tailored mortgage solutions to support you on your homeownership journey.
Home Mortgage Calculator
Our home mortgage calculator allows you to compare your borrowing potential based on house price and loan to value. It's important to compare products carefully, as the first rate you see might not be the best overall deal for your circumstances.
Key tips to look for include:
- Interest rate (fixed or variable)
- Mortgage term
- Loan amount
- Product and arrangement fees
- Early repayment charges
- Overall cost for comparison (APRC)
Use the calculator below to see how different rates affect your monthly repayments. If you'd like to know which rates you're likely to qualify for, speak to one of our mortgage advisers — it's free and there's no obligation.
The benefits of keyworker mortgages
- Competitive interest rates
- Cashback upon completion
- Free valuation
- Increased borrowing to key worker homebuyers
What is a key worker mortgage?
‘Key worker’ mortgages are specialist mortgage products designed to help key workers with different incentives.
These rates may come with more generous affordability ‘stress tests’, meaning you could borrow more than with a standard mortgage rate, and often at a more competitive price point.
Who qualifies as a key worker?
Typically, you may be eligible for a key worker mortgage if you work as a:
- NHS clinician (e.g. nurses, paramedics, etc.)
- Doctors
- Police officers
- Firefighters
- Teachers
- Armed forces personnel
This isn’t necessarily an exhaustive list, and it may be that some lenders only offer to certain types of key workers.
To see whether you’re eligible for a key worker mortgage, speak to our team.
How much can I borrow?
For standard homebuyer mortgages, lenders will allow you to borrow approximately 4.5 times your annual income. However, as a key worker, you may be able to borrow up to 5.5 times your income.
How much you can borrow depends on your circumstances and your lender, so it’s best to speak to an expert first.
A Guide to Mortgages for Key Workers
Our guide covers the types of rates and enhanced criteria you could access when applying for your mortgage.
What our clients say…
We could go on all day about what makes us great, but our client's reviews speak for themselves
Why work with MFB for your home mortgage?
Our friendly team of experts are here to support you every step of the way on your mortgage journey. Not only do we bring over 35 years of experience in specialist mortgage advice, but our whole-of-market access means we can find you the best deal available to suit your needs.
What’s more, our relationships with specialist lenders mean we get access to exclusive mortgage products you couldn’t secure when going directly to a lender.
Meet your mortgage makers.
Talk to an expert
Have all the facts and figures you need to purchase or remortgage your property? Our experts will make the whole process easier for you! Give us a call or choose a convenient time for us to call you. Drop us an email or chat with a human on our live chat.
Learn More About Homebuyer Mortgages
Find my mortgage
Explore thousands of rates to find the best mortgage deal for your home.
How much can I borrow?
Enter a few details into our mortgage calculator for a clear estimate of the mortgages available to you.
Home Purchase
Looking to make a new home purchase? Get in touch, and let’s make it yours to own.
Home Remortgage
Find a new rate and work out mohthly repayments for your next home mortgage.
Ready to find your mortgage
The quickest way to find the right mortgage is to speak to someone who understands your situation. Please submit your contact details below to request a call back from one of our qualified mortgage brokers. If there is a particular date or time that you’d prefer to be contacted, please let us know in the message box.