As a home mover, you have been through the buying process before so you have some idea of what to expect, and as a contractor, you are probably aware of how stressful the process can be. To make matters worse, the mortgage market continues to be competitive so you are likely to face many challenges.
Whether you are moving up the property ladder or relocating to a smaller property, Contractor Mortgages Made Easy can help you throughout the process.
What are the problems?
The majority of lenders are guilty of grouping contractors as high risk, which in turn makes your monthly repayments far higher. In order for lenders to decide how much they will lend you, they need to evaluate your earnings to ensure the money can be paid back. This usually becomes an issue for contractors as your accounts and payslips are unlikely to reflect your full income. The consequence is that the amount you will be eligible to borrow will be less than someone in permanent employment with the same, or lower, income.
Contractor Mortgages Made Easy will ensure your application is dealt with by lenders who understand your entrepreneurial way of working and appreciate the demand for your skills in future contracts. Our expert consultants can secure funding at competitive rates that are not possible to access by approaching a lender directly.
By completing the form on the Contact Us page, one of our consultants will be in touch to get the process started; alternatively you can make use of our online calculators to work out your finances. Our team is experienced in helping home movers overcome obstacles with straight-forward outstanding service.