From Thursday 12 January 2012, Nationwide will be making further improvements to their 90% LTV contractor mortgages. They will be extending their contractor mortgage range to include 2 year fixed rates, which will be made available for First Time Buyers and House Purchase.
Nationwide will also be making changes to other selected fixed rates. Read on for a summary of the changes:
Option 1: For contractors with a small deposit
5.29%, 2 Year Fixed Rate at 90% LTV, £999 Product fee, discounted to £500 for first time buyers
Option 2:
3.59%, 5 Year Fixed Rate at 70% LTV, £999 Product fee, discounted to £500 for first time buyers
Product fees shown above include a non-refundable booking fee of £99. Rates correct at time of publication.
Nationwide also allow us to reserve products without an offer on a property being made
Our contractor mortgage advisers are on hand to help with your current or future requirements today.
Freelancer Financials provides mortgages for contractors based on contract rate alone. We take the hassle out of obtaining a mortgage, or remortgage, because we have special relationships with senior underwriters who understand the way you work!
