In this episode of The Doctors Lounge Podcast by Business for Doctors, we’re joined by Paul Jarvis of BFD Finance to unpack one of the biggest milestones many doctors face - buying their first home.

Paul shares the common questions he hears from first-time buyers, the mistakes to avoid, and how to prepare financially before you even start looking at properties. From understanding borrowing capacity and deposit requirements to navigating lenders’ mortgage insurance, parental gifts, and the “Bank of Mum and Dad,” this conversation is full of practical strategies tailored to medical professionals.

We also dive into how rising interest rates and lending buffers are affecting borrowing power, and why doctors have unique advantages when it comes to loan structures and deposit waivers.

Whether you’re still in hospital training, starting out as a GP, or planning the next stage of your financial journey, this episode will help you approach the property market with confidence.