Self-employed for a year? Find a contractor mortgage with Deal Direct.
If you have been self-employed for a year and considering whether you are a suitable candidate for a contractor mortgage, the good news is that you may well be.
Pepper Homeloans specialise in mortgages for contractors with just a year’s worth of accounts. They have recently cut most of its 2 year fixed rates by a quarter of a percent and have introduced new 30 month 3 and 5 year fixed options.
Availability is across its entire residential range, with rates starting from 2.93% for up to 85% LTV.
- The 3 year fixed rate loans start from 3.18%.
- The 5 year fixed rate loans start from 3.53%.
Although these mortgages have been specifically designed with contractors in mind, obtaining approval can still represent a challenge, particularly if you attempt the mortgage process on your own.
Professional guidance is available from our experts at Deal Direct. We have a deep understanding of the nature of self-employment, as well as knowing each lender’s loan criteria inside out. In working closely with underwriters, the relationships we have formed means that some also consider who the application is coming from as important as the application itself. The influence we have could mean approval for your application instead of a costly rejection.
If you have accounts that amount to one year’s self-employment, it could be worth your while speaking with Deal Direct and finding out what options are available to you.
To speak directly with an adviser, call 0800 048 8828 now.
