With many doctors approaching the end of their current mortgage deals, many should start to consider their options and plan ahead. While the Bank of England has held base rates at 3.75% (as of 13th May 2026), mortgage pricing has remained unpredictable, with lenders frequently adjusting their rates in response to wider market pressures.
For busy medical professionals, this volatility can make it difficult to know when to act.
Fix too early, and you risk missing out on potential rate reductions; wait too long, and you could be exposed to higher costs if rates rise again.
In a variable market, decisions around timing are inherently uncertain, which makes understanding your options and their implications particularly important.
At Fidelius Medical, the BMA’s principal financial planning partner, we specialise in supporting doctors through this process. By understanding the unique nature of your income, career progression, and financial commitments, we can identify lenders and products that are best suited to your circumstances.
In a changing market, being proactive is a better approach than waiting until the last minute. Time gives you options, so by reviewing your mortgage early we can help you reduce uncertainty and understand your future costs more effectively.
Some lenders allow rate reviews or product switches prior to completion, which may allow borrowers to take advantage of lower rates should they become available, subject to eligibility and lender criteria, which could provide some flexibility as well as reassurance.
If you would like to discuss your financial situation and mortgage options, book a complimentary call with our triage team who will be able to put you in touch with a member of our Mortgage Team or Financial Planner.
Disclaimer: Your home may be repossessed if you do not keep up with mortgage payments.
The purpose of this article is for information purposes only and does not constitute financial advice.
Fidelius Medical is a trading stye of Fidelius Ltd which is authorised and regulated by the Financial Conduct Authority. Our FCA reference number is 188615
