How to maximise your chances of obtaining a contractor mortgage in 2017.

Our independent mortgage advisers at Deal Direct, have extensive knowledge of contractor mortgages.

Consulting with us could maximise your chances of your mortgage application being approved, as we could match you with the right lender without delay.

We are a ‘whole of market mortgage broker’, which means we don’t just work with the top named lenders. We also work with the smaller banks, as well as contractor mortgage specialists, and those who offer their ranges solely via broker channels. Working with us gives you a much wider choice of mortgage to choose from. We have also developed close relationships with underwriters who fully understand the nature of contracted employment, which means they consider the individual merits of an applicant rather than just tick boxes.

Maximising your application is not just about the numbers. Yes, the figures pertaining to your income are important, but just as significant are:

• Making sure your accounts are up to date.
• Having a Self Assessment Tax Return with your income details.

Factors to avoid if possible are:

Not reinvesting too much back into your limited company, as this could appear you earn less than you do, therefore restricting the amount you can borrow.

Changing your legal set-up, from sole trader to limited company, for example. This is not helpful and could hamper your application.

With the right advice from one of Deal Direct’s personal advisers, obtaining a contractor mortgage could be less of a challenge and more of a walk in the park. Speak to us today and maximise your mortgage application to the full.

Consult with the experts, Deal Direct, on 0800 048 8828.