Contractors – secure a low rate mortgage now.
Contractor mortgages can be a struggle to secure, as lenders are not keeping pace with current employment trends. Despite the increasing numbers of self-employed, product ranges remain limited, as well as having a demanding application process.
In addition to the challenge of securing a contractor mortgage in the first place, market analysts are predicting that mortgage rates may not see any further cuts. This means that the mortgages available now are probably the cheapest they are going to be.
For contractors, acting swiftly to find a long term, fixed rate mortgage, could mean you:
- Secure monthly repayments that are as low as possible for the duration of the fixed term, which would have a positive impact on your cash flow.
- Give yourself a level of certainty, as you know exactly how much the repayments will be every month.
- Protect yourself against any possible future hike in mortgage rates for the duration of the mortgage term.
Deal Direct are expert contractor mortgage advisors. Because of the expertise we have in securing contractor mortgages for our clients, we can help find the most affordable deal for you. We are a ‘whole of market’ broker and compare all the ranges, including ones from niche lenders that underwrite mortgages especially for self-employed contractors.
Talk to us at Deal Direct today, and we could begin a mortgage search for you right away. Or if you prefer to have an on-line quote, please fill in the form below for an immediate response.
Call us for free, no obligation advice on obtaining a low rate contractor mortgage.
Call 0800 048 8828 now.
