Specialist Contractor Mortgage Broker
If you are a contractor looking for a mortgage, you don’t need to have three years of accounts!
Contact us and we’ll arrange a mortgage that is based on your contract rate.
Why use The Contractor Mortgage Company?
5 of the many reasons we are trusted by thousands of customers across the UK with their finances are:
Award-winning financial advice
Personal review from one of the UK's leading financial advisers
Quick, hassle-free, simple service
We will search the market, saving you time and effort
Access to exclusive products not available on the High Street
Fair Mortgage Funding for Contractors
Using the lenders’ standard criteria when assessing income, contractors can find it difficult to prove they earn enough to support the amount of funding they require. Take for example a contractor who is looking to buy a property at £350,000, and whose daily rate is £500. If the contractor runs a limited company, with a salary and dividends of around £45,000, this is likely to limit the amount he or she can borrow to a maximum of £225,000. Lenders are also concerned over what happens when your present contract ends - how will you go on paying for your mortgage?
At The Contractor Mortgage Company, we are delighted that we have managed to overcome these issues with a number of lenders, and we can now help to source mortgage funding for contractors in this situation. We have always considered it unfair that contractors had to rely on self-certified mortgages that often came at a high price. Now we are able to arrange much more cost-effective options for contractors
Mortgages for Contractors - Help & Advice
Mortgage advice and arrangement is provided primarily to contractors and self employed professionals working in the IT sector and there are many other professionals who benefit from our specialist mortgage advice, including:
IT programmers, Developers, Consultants
Engineers & Project Managers
Management & Marketing Consultants
Accountants, Actuaries, Finance
Architects & Surveyors
Oil & Gas Professionals