Tag Archives: Specialist Contractor Mortgage

Specialist Contractor Mortgage
The advent of the specialist contractor mortgage has only been in the last 10 years. Indeed for most of the past ten years specialist contractor mortgages have only been for IT Contractors.

It has only really been in the past couple of years or so that these mortgage have become available for doctors, nurses, teachers, construction workers, engineering workers, oil and gas workers, accountants etc.

It was the good track record of IT Contractors that managed to get those other contractors mortgages.

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Mortgages Only for IT Contractors

Initially, tere was only one contractor mortgages broker and one lender in the market and it was only for IT Contractors.

However, those IT Contractors who borrowed money from the high street banks and building societies for mortgages, did all contractors a favour.

The made their regular monthly morgage payments whether they were in work or out of work.

They had a relatively low rate of defaulting on their mortgages.

[caption id="attachment_623" align="alignnone" width="259"] Contractor Mortgage Loans at best rates[/caption]

More Lenders Wanting to Loan to Contractors

This tempted more and more lenders into the contractor mortgage market.

It also had lenders competing on rates to tap this new lucrative market.

Indeed, theose specialist contractor mortagge brokers can often get specal mortagge deals just for contractors at interest rates below the market rates.

Contractors No Longer a Mortgage Risk

That’s some turnaround from the days when contractors wers seen as too big a risk to loan money to.

If you go through those specialist mortgage brokers, you no longer need to produce three years accounts and get your mortgage offer based on your Director’s Salary.

[caption id="attachment_597" align="alignnone" width="259"] Contractor Mortgage Borrowers Best Rates[/caption]

Production of your contract is now enough proof of income and you can get any mortgage offer to be based on your daily rate annualised.

They multiply your weekly rate by 48 to get your annual rate.

So, it is all change in the specialist contractor mortgage market – and for the better.

Contractor Mortgages – how long do you have to be a Contractor to get one?

Posted on June 19, 2016 by admin

How Long

Contractors always want to know how long you have to be a contractor to get one.

Tony Harris is a specialist contractor mortgages broker. He has been getting contractors mortgages for years. We have heard tales of people walking into high street banks to get a mortgage only to be told that they need to have 3 years accounts with them to qualify.

Many contractors want contractor mortgages soon after they become contractors. With their new-found wealth that comes as a bit of a blow. So we asked Tony the question.

How long do you have to be contracting to get a mortgage? I heard you need three years worth of accounts.

Applying for a Mortgage

Said Tony, “It is true that if you apply for a mortgage yourself on the high street, you will almost certainly need to have access to several years accounts. You will also need to show a steady or rising income from contracting in this time.

“However, we base your mortgage on a multiple of your contract rate alone. We simply need a copy of your current contract, a bank statement and proof of ID to secure your mortgage. The great news is that we can get you a mortgage on your very first day as a Contractor!”

Specialist Contractor Mortgages

So, how long was I told? I wish I’d known Tony when I first wanted to buy a house and get a mortgage after I turned contractor.

I went to a bank. They told me I needed three years of accounts. I thought that was that. Houses in my area in Maida Vale went up from £18,000 for the one I wanted to £96,000 before I was able to buy one.

It’s great that these specialist contractor mortgages are available now.

To get further information or to apply for a mortgage, fill in a form here and they will get back to you:- Contractor Mortgages

Contract Nurses Can Now Get Great Mortgage Offers

Posted on June 18, 2016 by admin

Contract Nurses

Contract Nurses can now take advantage of specialist mortgages from specialist contractor mortgage brokers.

These brokers can get them the best mortgages offers at the best market rates.

These specialist mortgage brokers came into the market around 10 years ago.

They were mainly, first of all, for IT Contractors. Previously mortgage lenders had considered contractors too risky to lend to.

Monthly Mortgage Payments

Therefore, they had to produce three years worth of accounts and only got mortgage offers based on their director’s salary, which contractors usually kept low to take their money in dividends.

Furthermore, the new contractor mortgage brokers were able to get contractors mortgage offers based on their daily rate annualised – without having to produce accounts. All they had to show was their contract.

These IT contractors made their monthly mortgage payments and had a low level of default.

So, a few years ago, these mortgage lenders decided that they would offer specialist contractor mortgages to all contractors including nurses.

Now, specialist lenders have expanded the market and nurses are able to take advantage of that.

So, contract nurses can now get mortgages as easily as any other contractors.

To apply just click on Contractor Mortgage Application

If you fill in the form, someone will be in touch to explain it more.

Favourite Contractor Mortgages Brokers

Posted on December 26, 2015 by admin

Favourite Contractor Mortgages

My favourite contractor mortgages brokers are those that are specialists in the contractor market.

These guys didn’t exist till ten years ago.

Contractors always found it difficult to get mortgages.

When they went in to see high street banks and building societies, with their new-found wealth, they expected to be welcomed with open arms.

Favourite Contractor Mortgages Brokers for deluxe mortgages

Favourite Contractor Mortgages from specialist contractor mortgage brokers

Instead, it was just the opposite.

Contractors Too Risky To Loan Money to

The banks and building society managers saw them as a big risk. They didn’t have steady income like a permanent employee.

They saw them as so risky that they wanted to see a track record.

They wanted to see three years worth of accounts.

That meant that you had to have been a contractor for well over three years to have those.

Contractor Mortgage Offer Blow

Then, if they managed to pass that obstacle, they were hit with a blow to the solar plexus.

The mortgage offer they got was just a multiple of their Director’s salary.

Favourite Contractor Mortgages from specialist contractor mortgage brokers

Most personal service company contractors keep that deliberately low. They want to take their income in dividends, which are taxed at a lower level.

This is what happened to me when I first wanted to buy a house. I was sent packing and told to come back in a few years.

Even now, if you walk into a high street bank, or building society, this is the response you will get.

Specialist Contractor Mortgage Brokers

Luckily, with the advent of specialist contractor mortgage brokers, contractors can now get proper mortgage offers.

Contractors can get the best mortgage offers and the best interest rates through them.

There was a huge gap in the market with the growth of the contracting market in the UK.

Contractors were on the outside looking into the deluxe mortgage market.

Those that took on mortgages when they were permanent employees were the lucky ones.

Specialist Mortgages for IT Contractors

However, ten years ago, one mortgage broker convinced one mortgage lender to take a chance and loan money for mortgages to a few IT Contractors.

That worked, so they loaned more IT Contractors money for mortgages.

Instead of being a risk, these IT Contractors paid up their monthly mortgage instalments regularly and had a lower rate of default than on the general market.

Contractor Mortgage Quote at best rates

As a result, this specialist deluxe contractor mortgage broker got more and more credibility with more and more lenders. They were falling over themselves, then, to loan to contractors.

Mortgages for All Contractors

A couple fo years ago, the mortgage lenders expanded the market to all contractors.

Now, there are more and more great deluxe mortgage offers for contractors from more and more lenders through these specialist contractor mortgage brokers.

As I said, the favourite contractor mortgages are got by those mortgage brokers specialising in getting contractors mortgages.

They can get contractors lower interest rates and higher mortgage offers than contractors could get on the general mortgage market.

The Best Contractor Mortgages

The great news is twofold.

Firstly, contractors can get mortgage offers based on their daily rate annualised rather than using their Director’s salary.

The mortgage lenders take contractors’ weekly rate and multiply that by 48 for a contractor’s annual salary.

They then multiply that by 4 (or even 5 sometimes) to get the mortgage offer they make.

Using Your Contract as Proof of Income

The second great piece of news is that the best mortgage lenders don’t need to see three years worth of accounts before making a mortgage offer to contractors.

Specialist Mortgage Brokers for Contractors in the UK

They just need to see a contractor’s contract ss proof of income.

Indeed they can get a first time contractor a deluxe mortgage offer on the very first day of his, or her, first ever contract.

The favourite contractor mortgages brokers in the contracting market are those that can get the best offers for contractors.

To find out more, or to apply for one of these top class mortgages from the specialist brokers, just click Favourite Contractor Mortgages Application and fill in the form.

5% Contractor Mortgages Deposits Using Help to Buy

Posted on December 20, 2015 by admin

5% Contractor Mortgages Deposits

5% Contractor Mortgages Deposits are now available to contractors using the Government’s Help to Buy mortgage scheme.

Previously, first time buyers, including first time contractors, were priced out of the market as lenders wanted 25% deposits.

They were spooked by the great banking crisis of 2007/8 and were unwilling to lend except to just the very safest borrowers.

As first time buyers are the ones who keep the cogs of the housing market wheels running, it meant that house prices were stagnating.

New Contractors Looking for low-interest Mortgages

Help to Buy Mortgages for Contractors

The Government’s Help to Buy scheme kick-started the property market.

They guaranteed 20% of the loan when someone wanted to buy a house. That meant that the buyers, including contractors, only had to come up with 5% of the money.

Therefore, that meant that a house had to fall by 25% in value before the high street bank or building society took a hit.

It wasn’t the Government who loaned the money to the borrower. It was the lender that did that.

All the Government did was to guarantee 20% of the loan.

First Time Buyers / First Time Contractors Took Advantage

Of course, the Government knew that if first time buyers, like first time contractors, came onto the market again it would send house prices higher . So it would never cost them a penny.

This was indeed what happened.

Therefore, borrowers were happy as it meant that, as they just had to stump up the 5% contractor mortgages deposit. They could afford this.

Lenders were happy also. A house would have to fall in value by more than 25% before they took a hit.

The Government were happy as there was now a feelgood factor in a rising housing market. This helped get them re-elected in 2015.

5% Contractor Mortgage Deposits via Help to Buy scheme

5% Contractor Mortgage Deposits from Help to Buy scheme

Rising Housing Market for Contractor Mortgages

The great thing about it for them was that it didn’t cost them anything. It was a very clever scheme.

The rising housing market took the risk of losses away from them. It meant that those houses and flats, where they guaranteed the 20%, rose in value well away from the threshold where they would lose out if someone defaulted on their mortgage.

That’s the beauty of the Help to Buy scheme. No one loses.

Specialist Contractor Mortgage Brokers

Contractors who want to take advantage of the Government’s Help to Buy scheme and the 5% contractor mortgages deposit should use a specialist contractor mortgages broker.

If they don’t, they risk being asked to provide three years worth of accounts. They would, also, get their offers based on their Director’s salary if they are a personal service company contractors.

By using a specialist contractor mortgages broker, all you have to provide is a copy of your contract as proof as earnings.

You will also get a contractor mortgage offer based on your daily rate annualised. They assume you work 48 weeks of the year and the mortgage lender will loan you 4 times your annual salary. They might even give you 5 times it.

Help to Buy Mortgages for UK Contractors

Contractor Mortgage Deposits

Obviously, the more deposit that you can put up the better the interest rates you can get.

However, those specialist contractor mortgage brokers can often get contractors mortgage interest rates at less than the market rate.

To find out more about 5% contractor mortgages deposits using Help to Buy, or to apply, please click on Contractor Mortgage Application and fill in the form there.

Contractor Buy To Let Action Needed Now

Posted on November 30, 2015 by admin

Contractor Buy To Let

The Chancellor hit Contractor Buy to Let properties in the Autumn Statement.

Contractors got off lightly in the Autumn Statement.

Chancellor Osborne didn’t carry out most of the threats he made, beforehand, or he at least watered them down.

However, contractors who have invested their money in property have not fared so well. The Chancellor is going to hit them next year.

Buy To Let Purchases

Buy to Let purchases went up by 36.4% in September compared to August.

That’s despite the withdrawal of interest mortgage relief by the Chancellor.

Costs will go up a lot from April next year which is when the levy gets rolled out.

Contractor Buy To Let

Let to Buy Stamp Duty Rises

The cost of stamp duty for a Buy To Let of £250,000 will go up from £2,500 to £10,000.

That’s four times what it was before and a hefty increase.

So, how much of a problem is this for Buy To Let contractors?

Freelancers have traditionally invested in the stock market and property to try to use their contractor earned money to try to make more money.

This is unlikely to change.

Mortgage Interest Relief

However, smart contractors will be making their Buy To Let purchases ahead of next April when the change comes in.

This will save them thousands of pounds in stamp duty.

As regards Mortgage Interest Relief, here is how does the change will impact on contractors.

At the moment, contractors only pay tax on their rental income after deducting their monthly interest payments and some allowable expenses.

Tax will then paid on the profit at the contractor’s highest marginal rate of income tax.

So, it looks like UK contractors, who are heavy investors in property, will be stampeding to buy new properties, using Buy to Let before next April.

The sooner they start the better as everyone know how long it can be from staring a property search to actually completing a deal.

There won’t be a better time for Contractor Buy to Let opportunities.

Contractors Buying Property for investment

Specialist Contractor Mortgage Brokers

Contractors are much better using specialist contractor mortgage brokers when buying a property. They can get contractors better rates.

They can get them offers using their daily rate annualised rather than their Director’s salary which a hight street bank or building society would do.

Offers are all on production of your contract instead of the three years worth of accounts that the banks and building societies would ask for.

To find out more info from the specialist contractor mortgage broker, or to apply, just click on Contractor Mortgage Application and fill in the form there.

40% Deposit Interest Free Present to Londoners from Government

Posted on November 27, 2015 by admin

40% Deposit Interest Free

Londoners are to receive a 40% Deposit Interest free from the Government. This is according to an announcement in the Autumn Statement for Chancellor George Osborne.

That was a major rabbit that he pulled out of his hat, completely out of the blue.

This is under the Help to Buy scheme.

Help to Buy Scheme

The Help to Buy scheme has worked very well outside London but not very well in London.

The Government offered 20% deposits, interest free, to those wanting to get on the property ladder.

However, this was not much use in London where property prices have soared out of all recognition.

A nice flat in a decent area could cost you close to a million pounds.

So, offering them a 20% deposit wasn’t going to do the trick.

IT Contractor Mortgages

Indeed, even IT Contractors, who are pretty well paid, would struggle to buy a first home in London.

A contractor who earned £400 a day would be able to borrow close to half a million using specialist contractor mortgage brokers.

However, he, or she would be left scratching around, even at that, for a home in a decent area.

So, now contractors in London, who wish to purchase a new home, will qualify for this 40% deposit.

5% Deposit for UK Contractors

With this new initiative, or latest version fo the Help to Buy scheme, contractors would need to stump up jus a 5% deposit and the Government will stump up another 40%.

This will leave lenders just needing to stump up a further 55%.

Because the lenders are loaning just 55% it means that they are likely to loan money at lower rates than a lender asked to stump up 90% or 95%.

40% Deposit Interest Free laons for London contractors

40% Deposit Interest Free loans for London contractors

Nationwide Mortgages Just for Contractors

It’s expected that the Nationwide Building Society are going to want to have a piece of this action.

One specialist contractor mortgage brokers have a current deal with them to get contractors mortgages at great rates.

A high street building society, or bank, would ask contractor to produce three years worth of accounts to get a mortgage offer.

They would base that mortgage offer on a multiple of their Director’s salary.

That’s not much use.

This specialist contractor mortgage broker has a deal with the Nationwide specially for them that provides mortgage offers to contractors just on production of their contract.

House Prices to rise for for UK Contractors

House Prices for UK Contractors

Mortgage Offer based on Daily Rate

Furthermore, they will base that mortgage offer on their daily rate annualised.

So, if their daily rate was £400 a day, the offer would be likely to be £400 x 5 x 48 (weeks) x 4.

Therefore, it is expected that Nationwide will give a new deal to London contractors with a rate as low as 1.59% fixed for 2 years with a £999 arrangement fee.

For more details on this , or to apply, all you need to do is click on Contractor Mortgage Application and fill in the form there.

House Prices to Rise 20% in Five Years

Posted on November 10, 2015 by admin

House Prices for UK Contractors

The fear, for UK Contractors of falling house prices, once interest rates go up, has subsided somewhat for UK Contractors.

It’s OK securing a fixed low-interest mortgage, while you can still afford it, before interest rates go up, but there is the fear, for contractors, that they may be buying at the peak of the boom.

After all, if there are fewer people able to afford to buy houses, because they are now more expensive to buy, then the economic laws of Supply and Demand kick in.

Interest Rates to Stay Low Longer

However, there are two mean reasons for believing that their fear is misplaced.

Firstly, statements from the Bank of England are now suggesting that interest rates will stay low for a lot longer than originally believed.

Indeed, the Bank had been saying that they expected to be looking closely at interest rate rises by the end of this year or in the first quarter of next year.

Now they are saying that interest rates are likely to stay on hold for much longer – maybe another 18 months.

This is because there has been a drag on the UK economy from problems in China and the Euro area.

Contractor Mortgages Safer

By now, the economist were expecting the UK economy to be roaring along with inflation starting to bite.

However, the UK is predicted this year to have non-inflationary growth of around 2.6% and 2.5% next year.

Inflation has virtually disappeared.

It could be some time before we get inflation in the economy to a degree that causes the Bank to increase interest rates.

House Prices to Rise

Also, a report out this week predicts that house prices in the UK will rise by an average of 20% over the next five years – and that would be even with expected interest rate rises.

Here’s the table of expected average house price rises by region of the UK.

21.6% – South East

21% – East

20% – SouthWest

17% – East Midlands

16.5% – West Midlands

15.3% – London

14.8% – Wales

14.2% – Scotland

14.2% – Yorkshire and Humber

12.7% – North West

12% – North East

Contractor Mortgages

It looks like even London, were house prices are already high, they will continue to rise in a non-inflationary environment.

If inflation stays low, as it seems to be doing at the moment, these could be real rises in house prices rather than just inflationary rises.

This has a knock on effect for specialist Contractor Mortgages

Specialist Contractor Mortgage Brokers

Specialist Contractor Mortgage Brokers can get contractors mortgages without having to produce three years’ worth of accounts or based on Director’s salary as would happen if contractors walked into a high street bank or building society.

They can get mortgages for contractors based on their daily rated annualised (based on 48 weeks a year) and on just the production of their contracts.

For more info, or to apply, just click on Contractor Mortgage Application and fill in the form there.

Cheaper Contractor Mortgages Could Be Here for 18 Months

Posted on November 7, 2015 by admin

Cheaper Contractor Mortgages Rates

It looks like cheaper contractor mortgages will be with us for some time now.

It was thought that Bank of England interest rates would soon be on the way up, pushing up the price of contractor mortgages.

The Governor of the Bank of England had hinted that they could be going up by early next year.

He had said that late this year, they would be monitoring the situation closely.

Interest rates on contractor mortgages had started to rise in anticipation of a rate rise coming within months.

Mortgage Rate Increase Unlikely

So, the contract Mortgage market got a pleasant surprise when the Bank of England announced that the first increase was unlikely to come before May 2017.

That means that we could have low mortgages rates for 18 months or maybe even more.

Cheaper contractor mortgages could be here for a while.

The Bank of England had expected that inflation would be starting to rise by now.

However, inflation is keeping itself very low at around zero.

This is because problems in the world economy, and especially in the Euro area and China, are keeping the UK economy from roaring ahead.

Lower Economic Growth Keeping Interest Rates Down

Indeed the Bank decreased, slightly, their estimates for growth in the UK economy this year and next year.

The Bank has taken down its predicted growth in the economy from 2.7% to 2.6% this year and from 2.6% to 2.5% next year.

Normally, at this stage in the cycle, the economy would be roaring ahead with 3% to 4% growth and with inflation starting to rear its head.

However, deflationary conditions in the world economy are keeping the UK to non-inflationary growth levels.

Indeed, the Bank said that inflation would only be 1% by the end of next year. This is hardly the runaway inflation that could cause interest rates to rise.

This is very good news for contractors and the specialised contractor mortgages market.

Mortgages for Contractors to Remain Cheap

According to one mortgage broker, it could mean contractors getting even cheaper rates than before with the first interest rate hike perhaps 18 months away.

Currently, contractor mortgage rates are about as low as they have ever been. Yet expect them to go even lower in the coming weeks as lenders adjust to the new scenario of low-interest rates for a longer period of time.

They will start to reverse the increases they had put on interest rates in anticipation of a base rate rise.

Cheaper contractor mortgages are on the way.

Better Mortgage Offers for UK Contractors

The advent of specialized mortgages for contractors, in recent years, mean that contractors can now get better offers than they used to get, at lower interest rates, and they don’t, now, have to produce three years worth of accounts.

They no longer get offers based on their Director’s salary.

That’s provided they use specialist contractor mortgage brokers rather than walk into high street banks or building societies.

Mortgage Offers for Contractors

Nowadays, contractors can get offers of 4 times their daily rate annualised – just on production of their contract. It’s taken that contractors work 48 weeks a year.

So, a contractor earning £500 a day gets £2,500 a week, or £120,000 a year.

With a mortgage offer of 4 times salary that equates to a potential mortgage offer of £480,000.

To take advantage of these lower rates, contact a specialist contractor mortgage broker for more info, by filling in the form below.

Please click on Contractor Mortgage Application and fill in the form there.

Cheap Contractor Mortgage Deals End Comes Nearer

Posted on July 25, 2015 by admin

Cheap Contractor Mortgage Deals

We have had some of the best cheap contractor mortgage deals we have ever had over the past few years. Mortgage rates have been unbelievably low, historically, in recent years.

This was caused by the savage economic downturn and efforts by the Bank of England to boost the economy by keeping interest rates at their lowest rates ever.

However, that could be all coming to an end in the next few weeks.

Interest Rate Rises

Bank of England Governor, Mark Carney, has recently stated that he expected to be considering higher base rates by the year’s end.

That statement in itself is causing forward market interest rates to rise.

This is putting pressure on the fixed rates over 2, 3 and 5 years that banks are giving.

It seems that the cost of funding these deals has jumped by 10% in recent weeks. The banks won’t suck that up for too long.

Contractor Mortgage Rates

Lenders are expected to increase their fixed interest mortgage rates over the coming weeks hitting contractor mortgages hard.

Best Contractor Mortgages Rates & Offers

Low interest rates have been around for a while. If anyone wants to take advantage of cheap contractor mortgage deals then now is the time to do it.

We are unlikely to see such low-interest rates again – and they have just weeks, even days, to go.

The first tweaks to interest rates are expected to take place over the next week or two. This will just be the start.

Contractor Mortgage Market

The competitive contractor mortgage market has kept prices low but, with the cost of money that the banks can borrow rising, the dam is about to burst and banks and mortgage lenders will have to push rates higher very shortly.

Base rates have been at 0.5%, an astonishingly low-interest rate, for 6 years. This will never happen again.

They are expected to rise by the end of the year but fixed interest mortgages are already rising in anticipation of that rise. The cost of money is rising.

Long Term Fixed Rates

Those wanting longer term fixed rates need to get those now.

There has been a rush of mortgage applications over the last few weeks as house buyers rush to get those once-in-a-lifetime deals.

Cheap contractor mortgage deals are coming to an end. There are only days, or at most weeks, to take advantage of this.

Specialist Contractor Mortgages

Tony Harris has been getting contractors specialist contractor mortgages for years now. Through hin 95% contractor mortgages are now available for all contractors.

UK Contractor Mortgages articles

He can get them cheap contractor mortgage deals based on just their contract and with mortgage offers of up to 4 times their daily rate annualised (weekly rate x 48).

If contractors went to a bank or building society they would have to produce three years worth of accounts and get a quote based on their Director’s salary.

For more information click on Contractor Mortgages.

To find out more, or to apply before rates rise, just click on Contractor Mortgage Application and fill in the form there.

Contractor Buy To Let Mortgage Market Booming

Posted on July 2, 2015 by admin

Contractor Buy To Let Mortgage Market

The contractor buy to let mortgage market is in a bit of a boom at the moment.

According to figures out today the buy to let contractor mortgage market is going through the roof.

The Bank of England, and its boss Mark Carney, say that the Buy-To-Let mortgage market is growing at an appreciably faster rate than the ordinary market. It looks like Landlords see the property letting market as a great investment. They are piling in.

The same goes for the contractor buy-to-let mortgage market. Contractors are piling in too.

Contractors Investing in Buy to Let Property Market

They are looking for ways to make their money work for them. One of those ways, it appears, is to buy into the property market.

At these low-interest rates, they are able to get most of the money that they pay in mortgage payments back in rent. Sometimes they can even make a profit.

In later years, as rents rise, they can pull bigger and bigger profits from it.

However, the big gains from the contractor buy to let mortgage market are in capital gains.

Contractors Who Invest Wisely in Property

Those contractors who do well financially are those who make investments like these.

The contractors are earning money and their investments are making money too.

Many contractors with a few years experience are able to make more money from their investments than they make themselves.

Indeed, after a few good years, some contractors are able to get out and live on their investment income. They can then do what they like with their time.

Time for Contractors to Start Investing in Property

Normally we are talking about contractors who have been investing for 10 years or more successfully.

However, there is no time like the present to take that first step.

Tony Harris started the contractor mortgage market and has been getting British contractors 95% specialist contractor mortgages for years now.

He is able to get contractors mortgages based on their daily rate annualised and using their contract as proof rather than having to produce three years worth of accounts like you would if applying through a high street bank or building society.

Contractor Mortgages Based on Contract Rate

Indeed if you go through those you will get an offer based on just your Director’s salary, which makes it not worthwhile.

However, with Tony all you have to do is produce your contract.

He can get a new contractor a quote on the very first day of their very first contract.

Indeed, he has had contractors in their dream homes as quickly as two weeks after they started contracting.

He can also get them a contractor buy to let mortgage in pretty quick shape too.

Contractor Buy To Let Mortgage

To find out more about the contractor buy to let mortgage market click on Contractor Buy-To-Let Mortgages

To find out more, or to apply for a contractor buy-to-let mortgage, or indeed for any specialist contractor mortgage, just click on Contractor Mortgage Application and fill in the form there.

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