Making sense of contractor mortgages in 2017.
It used to be the case that contractor mortgages were few and far between. Lenders applied a ‘one size fits all’ approach to borrowers, which did not consider those of you working for yourselves and running small businesses.
This appears to be changing, as growing numbers of lenders recognise there is more to a good mortgage application than 3 payslips and a P60.
As the nation’s self-employed workforce grows, the trend is for an increasing number of products to become available. These mortgages are specifically tailored to contractors/freelancers, and the number on offer is set to continue throughout 2017.
Whilst an increase in choice is welcome, the challenge is working out which one is the best one for you.
Deal Direct’s mortgage advisers are experts at sourcing contractor mortgages. First, we listen very carefully to your needs. We then help you to make sense of all the products available by explaining the features and benefits of each types before guiding you through the application process.
Going it alone could mean an increased risk of you applying to an inflexible lender, and your application being rejected. Our clear and concise advice means you can be sure you are making an informed decision from the options available to you and getting your application right, first time.
To make certain you receive the best advice and the best mortgage deal in 2017, contact the UK’s mortgage broker of choice, Deal Direct.