Are you an engineering contractor looking for a mortgage?

With contract mortgages being difficult to achieve from many high street lenders, we at Deal Direct have dedicated ourselves to developing strong relationships with specialist lenders offering bespoke tailored mortgages.

If you are a contractor then you are recommended to seek impartial and independent mortgage advice and a tailored market search.

Using a specialised lender means the chances of your achieving a mortgage offer significantly improves.

Using a specialist who understands contract work makes sense because as a contractor you don’t fall within standard lending criteria.

Due to your status you face rejection when applying to lenders who just want to lend to ‘standard’ borrowers whose circumstances conform to the 'norm'.

Why do contractors have a hard time sourcing a deal?

When applying for a mortgage you are likely to come up against obstacles, not least the fact your contract is for an agreed period rather than permanent.

Due to your employment status you are likely to be considered higher risk than a salaried employee, when in fact the opposite could be said to be true. Your unique skills mean you are in high demand, however most high street lenders are unwilling to view you in this light.

For this reason we at Deal Direct work with less well known and more specialised mortgage lenders than your visit to the high street or online search can provide.

These are lenders who:

• understand the needs of workers employed on a more temporary contract basis
• understand what contract employment status really means
• take into account your pay structure to ensure you can maximise borrowing

Why choose us?

At Deal Direct we work with lenders who use underwriters willing to view applications from contractors in a favourable light.

• Our advice is independent and based on your individual needs.
• We know you are busy and so we take the hassle out of finding a mortgage.
• We know the pitfalls contractors face sourcing a mortgage and can help you avoid them.
• We work with lenders prepared to offer contractors competitive rates.
• We are here to help you through every stage of the process and advise you every step of the way.

For impartial advice and a low rate quote,

call a Deal Direct adviser on 0800 048 8828.