Halifax relaxes its contractor mortgage lending criteria.
Halifax is one of a number of mainstream lenders who offer contractor mortgages.
Finding a lender with a contractor mortgage range on offer is only half of the story though. The good news about Halifax is that it has recently announced that it is relaxing its lending criteria, having reduced the stipulation for 3 years’ accounts to 2.
The lender has also hinted that it is open to considering applicants who have more than 1 years’ accounts but less than 2. So, could this be the mortgage for you?
As the product is only available via intermediaries, Deal Direct’s experts can help you to secure it. Before you start to apply for it though, we can compare Halifax’s offer with other intermediary-only ranges to determine whether it is the most affordable deal, or highlight something else that may suit you better.
This access to other deals made via broker-only channels is where consulting with Deal Direct can really pay dividends. We can:
- help to source lower rates/improved lending criteria than on the wider market
- liaise with the lender on your behalf, presenting your application in the best light possible
- use our influence with underwriters who assess on a case by case basis
To find a contractor mortgage that suits your circumstances and home financing objectives, call Deal Direct.
To discuss your requirements today, call 0800 048 8828.
