Daniel’s Pro-TIP

Contractor mortgages don’t have to be complicated!

I understand that your work style offers flexibility and freedom, but it can also make finding the right mortgage a bit tricky. Without a specialist broker, it’s tough to know where to start.

That’s why I wanted to share this and simplify the process for you.

As a specialist in contractor mortgages, I have access to lenders that have mortgage products designed specifically for you.

Unlike Company Directors or even Sole Traders, as a Contractor, you don’t always need to provide a tax return or company accounts to verify your income.

Instead, we can use the day rate specified in your contract to assess affordability.

This method often means you can borrow more money from the bank, and the best part is, you can get started straight away with just a copy of your latest contract.

Not only can you borrow more money using this strategy, but it also means there’s no need to wait around for your next tax return.

Providing you’re matched with the right lender, you’ll get the mortgage amount you’re looking for whilst saving money in the process. Win-Win.

Our sole motivation is ensuring you get the best contractor mortgage possible, so you can focus on what you do best, running your self-employed business.

This is just one of many strategies, if applied correctly, helps you take advantage of being a contractor.