Getting a mortgage as a contractor doesn't have to be difficult!
ContractorUmbrella works closely with the UK's leading specialist contractor mortgage broker Contractor Mortgages Made Easy (CMME).
Contractor Mortgages Made Easy will find the best 'contractor mortgage' provider for you, one who will make you a mortgage offer based on your contract rate. They will not require lengthy explanations of how you work as a contractor like most conventional lenders. Perhaps most importantly the provider will be a recognised, major financial institution and you will get the same rates as a permie.
Choosing a good broker is essential to avoid the hassles of dealing with lenders who are not familiar with the contracting market. An experienced broker can remove the hassle by making use of the expertise and contacts they have built up over many years, to make your life easier.
Most contractors have a profile that is enough to put-off most high street lenders, and the ones who are willing to lend quite often apply expensive surcharges - CMME are your perfect mortgage partner.
CMME will find the best 'contractor mortgage' provider for you, one who will make you a mortgage offer based on a generous multiple of your hourly or daily rates alone. They will not require substantial deposits and perhaps most importantly the provider will be a recognised, major financial institution and not an expensive self certification scheme.
Getting your contractor mortgage and working with CMME will ensure that you are making the most of the opportunities presented by your employment status. CMME will help you avoid the pitfalls that you face working outside of a large company employee benefits package.
If you are looking to take that first step on the ladder, or to remortgage an existing property, then Contractor Mortgages Made Easy will help you find a solution to suit your needs. Whether you want to find out the best rates available or help calculating how much you can borrow based on your contract rate alone, call 0844 44 88 800 or use the contact form below to send us an email.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Please Note: Contractor Mortgages Made Easy is a trading name of Mortgages Made Easy Ltd which is directly authorised and regulated by the Financial Services Authority (FSA).