Foundation Dentists

Since 2005 we have been working with those in the early stages of their dental careers with one focus…to help you improve your financial situation.

Our number one tip for those at this stage of their career is good habits! Habits whether good or bad are powerful. If you start to save straight away you will become used to putting away a sum of money each month. Do this from your first pay check and you will always have enough money for all your goals. If you save at the end of the month instead of the beginning most people don’t get anywhere.

Click on the following headings to see how we can help in your areas of need.


By sitting with you and carefully accounting for all your spending throughout each year we can accurately assess what disposable income you should have on a monthly basis. We have worked with hundreds of dentists to help them achieve their goals.

This exercise helps to achieve two things:

The first is that it reduces the risk of making your debts situation worse. The second is that we use the money you don’t spend each month to help achieve the goals you have for the future.

Debts need careful and bespoke planning. In our experience we have seen many people blindly paying off debts with no forethought as to the real cost. We need to look at each debt individually together and decide on the best course of action. There are good debts, bad debts and toxic debts. Which do you have?

You more than likely have heard that dentists need and should have income protection.  Many will sign up for them in the final university year (because of a free book or photo frame!) but not assess whether this is a good quality plan.

Our role here is to talk with you about your potential career path and then help you find a solution that works for you as an individual taking your budget and circumstances in to account.

Usually dentists have two common savings goals; An amount of money set aside for unforeseen expenditure (an emergency fund) and a house deposit.

An emergency fund of 3 times your monthly expenditure is essential. If the car breaks down and you have no cash savings the bill is going to go on a credit card or overdraft. This makes you take a backwards step away from wealth and costs you more than the actual bill because of interest payments.

If you have a serious illness or an injury that permanently stops you from being a dentist what would your options be?

  • Retrain?
  • Back to University?
  • Your own Practice?
  • Retire?

In this, event critical illness cover provides you a tax free lump sum to enable you to choose your preferred option. Income protection takes care of your daily costs but not large one off expenditures like a practice purchase, mortgage repayment or university tuition fees.

Many dentists buy their first properties during VT as they are employed or after 2 years of being an associate. Once you leave an employed role, many dentists struggle to be able to get a mortgage as a self employed individual. Most companies require two years accounts. However, there are some lenders who will lend on one years accounts. Our experience could help you achieve your property purchase sooner than most high street banks.

The other barrier to doing this is usually the deposit. For example, you may need 10% of the property value which is likely to be at least £10,000 if not much more.

People who get in to good habits and include their goals in the budgeting will get their own property more quickly. Why rent and pay off someone else’s mortgage?

We offer a comprehensive range of first charge mortgages from across the market, which lenders make available to mortgage intermediaries.

Your home may be repossessed if you do not keep up repayments on your mortgage.