Occasionally, mainstream lenders may offer special products for key workers. It is, however, more likely that they will offer key workers the same deals as everyone else, but be prepared to show some level of flexibility with regards to their personal circumstances.
For example, lenders may be wary of potential borrowers on zero-hours contracts but be happy to accept bank nurses and locums because they understand that there is a high demand for these professionals and hence it is highly likely that they will be able to maintain a reasonable level of income and be able to afford their mortgage repayments.
Key workers who are first-time buyers can also use products such as the Lifetime ISA and the Help to Buy equity loan scheme.
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