Contractor Remortgages

Looking for the best Remortgage deals available to contractors?

As a contractor you may think you’re trapped on your current lenders costly Standard Variable Rate (SVR) because you have no bargaining leverage, but that needn’t be the case. At Freelancer Financials we have been remortgaging contractors for years, the remortgage market today is extremely competitive with many excellent deals.

Switching your mortgage as a contractor is far easier than you think, with Freelancer Financials, we can secure you competitive rates from a number of  “high street” lenders (or even your existing lender) based on your contract rate alone. No Accounts, Pay slips or Tax Returns, the only evidence of income required is a copy of your CONTRACT, confirming your daily or hourly contract rate. It’s that easy.

Why pay more when you can remortgage?

Mortgage lenders make huge profits every year from existing customers who are sitting on over-priced standard variable rates without the time or inclination to do anything about it.

You could significantly improve your financial position by investigating the various types of remortgage deals available. You may be looking to reduce your existing payments, consolidate credit card debts or remortgage for home improvements; seeking the advice of a mortgage specialist is certainly a wise step to take.

Remortgage deals with incentives

At Freelancer Financials, we have access to a variety of special introductory remortgage deals offering competitive low rates, longer repayment terms, interest only options, cash backs, free legal’s and valuation.

Why use Freelancer Financials?

Over the past few years we have put in a huge amount of effort to negotiate specialist underwriting criteria with a number of the big High street lenders that is based simply on a multiple of your contract rate alone. We also close working relationships with senior underwriters, who understand your unique employment status. This enables us to bypass the inexperienced branch and call centre staff to speak directly to the key decision makers within major lenders to ensure that your application is processed speedily and without difficulty.

How much can you borrow?

Depending on the high street lender, you should be able to secure a remortgage of up to 4.5 times your annualised contract earnings. These terms are not available through the branch networks and we instead ensure that your application is processed by key personnel at the lenders centralised admin units who understand our requirements and who are sympathetic to your contractor status.

What documents will we need to submit your mortgage application?

• A copy of your latest contract confirming your contract rate
• A copy of your updated CV
• 3 months bank statements confirming your contract earnings

It’s as simple as that……

Just a few reasons to contact Freelancer Financials

Unlike other mortgage brokers, we have negotiated favourable underwriting terms for contractors and freelancers, our services include:

• Competitive rates from “high street” lenders secured on your contract rate
• “Whole of the market” mortgage brokers, access to all the lenders and their full product range
• Special introductory remortgage deals offering free legal service and valuation
• Same day “Decision in Principle”
• Borrow up to 90% of your property value with some lenders
• Affordable mortgage protection & critical illness policies available
• Very fast turnaround from application to completion

Our clients include IT Contractors, Business Analyst, Mechanical Engineers, Telecommunication consultants, Management Consultants, Operational Risk Management, Marketing Consultants, Accountants, Actuaries, Architects, Surveyors, Oil & Gas, Doctors, Medics and Teachers.