Dentistry degrees gives graduates the greatest choice in home ownership opportunities
Those studying dentistry at university have the greatest choice when it comes to getting onto the property ladder during their first year of work, according to new research by online mortgage broker Trussle.
The typical starting salary of a newly qualified dentist is £34,840, meaning they could borrow a mortgage of up to £139,360. Provided they’ve managed to save a five percent deposit, they could afford a home worth up to £146,695.
This budget gives employed dentistry graduates the option of buying a home in 172 different towns and cities across England, Scotland and Wales. The most expensive being Fairbourne in the Welsh county of Gwynedd (with an average house price of £146,499), Maybole in Scotland (with an average house price of £146,243), and Knottingley in West Yorkshire (with an average house price of £146,224).
However, a dentistry degree does take five years to complete, which can have a bigger impact on student loan repayments and affordability.
Taking between three to five years to complete, the chemical engineering average starting salary of £31,824 offers the second highest choice of property locations. This gives grads a budget of £133,996, which makes 96 towns and cities affordable, including the Scottish town of Mauchline (£133,592).
Register now to continue reading
WHAT’S INCLUDED
-
Unlimited access to the latest news, articles and video content
-
Monthly email newsletter
-
Podcasts and members benefits, coming soon!