Arranging a contractor mortgage can be a real struggle. There is still much prejudice within big name High Street Banks against contractors and self-employed IT Consultants, with all kinds of hurdles and demands often being placed in your way.
We’re not your standard mortgage brokerage firm, we’re very different. At Freelancer Financials, not only do we welcome contractors but are specialist in providing financial solutions to contractors and IT Consultants, including a wide range of services including; contractor mortgages, contractor pensions, contractor life insurance and contractor income protection.
Contractor Mortgages
We fully understand your needs and have an in-depth knowledge of the contracting market. We are very experienced in dealing with Contractors and the different ways in which you are remunerated, irrespective of whether you operate through a limited company, umbrella or EBT scheme.
We ensure that you secure a competitive contractor mortgage, easily and quickly, with as little fuss as possible.
Contractor Mortgages tailored to your specific requirements:
- Mortgage loans up to 4.75 times your annualised contract rate
- A Minimum deposit of 10% required
- Competitive rates from High Street lenders like Barclays and HBOS
- Offset mortgages at competitive rates, tailored to contractors needs
- Application directly packaged with senior underwriters
- Decision in Principle the same day
Contractor Mortgage Advisers
Let’s be clear, as a contractor, it is important to instruct an experienced specialist mortgage adviser to ensure your mortgage application is correctly packaged and presented to senior underwriters. Otherwise you risk having your application declined.
Many contractors that are referred to us have previously had their mortgage application declined because less experienced mortgage brokers have poorly packaged their mortgage application or presented their application to lenders who do not support contractor based underwriting.
Also check whether the mortgage firm is able to provide what is referred to as “whole of market” service, which means that they can advise you on and arrange a suitable mortgage from all the lenders and from all their product range.
A wide choice of contractor mortgages to select from
Based on your specific requirements and circumstances, we can arrange the most suitable contractor mortgage tailored to your needs. There are many different options to suit your requirements, including fix rate mortgages, tracker rates, discount variable deals and flexible offset style mortgages. If you would like to discuss your specific requirements and options with a one of our team, please send an e-mail to [email protected] or contact us on 020 8421 7999.
If you’re interested in finding out more about the mortgage options available to you, simply fill in our enquiry form, and we will get back to you shortly.
Also, read our article on contractor mortgages made easy in the post-crunch world.
Freelancer Financials are the preferred choice for thousands of contractors in the UK. Our mortgage specialists are more than happy to help in any way they can.
