At The Contractor Mortgage Company, we specialise in contractor mortgages and mortgages for freelancers. We can provide impartial advice on preparing for and attaining the best mortgage rates available to you.
We use our knowledge to bring you the best mortgage deals on the market, and ensure that you are not penalised simply because of the career path that you have chosen.Mortgage Services Latest News
We at the Contractor Mortgage Company have spent a lot of time dealing with mortgage lenders at senior level, and as a result, we are able to help our clients obtain mortgages that are similar to a mainstream mortgage. That means great rates, no hassle and you don't need to provide piles of paperwork.
Not only that, we're there every step of the way to help you and ensure that you fully understand the process, so you're not left in the dark.
Right now we are seeing some of the best fixed rates we've ever seen in the mortgage market as lenders try to compete with one another in a rising market. That means that now is a great time to secure a mortgage as a contractor and benefit from great fixed rates, so why not contact us to see what we can do to help you get the best contractor mortgage deal possible. We promise you won't regret it.
Let us find you a competitive deal using our expertise and in-depth knowledge of the industry and the lenders.
Use our borrowing calculator to work out how much you may be able to borrow.
We're at the other end of the phone waiting for your call. Whether you have any questions or want to get the ball rolling, we're ready to give you the help you need.
Call us today to get your mortgage application underway!
Throughout the month of November property prices have risen by 0.5% as the demand for property continues to soar! It has been reported home buyers are exceeding the supply and there are not enough properties on the market! However, with property prices now increasing, will buyers be willing to pay? In November the percentage of [...more]
The Governments ‘Help to buy Scheme’ has been said to of been a huge success, helping buyers to get onto the property ladder with a smaller initial deposit. Since the schemes launch in October 2013, we are now seeing the first real successes of how it has helped first time buyers within the UK. The [...more]
The Bank of England’s Funding for Lending Scheme, as of January 2014 will be primarily for small businesses rather than mortgages. This £80bn scheme was unbelievable and had an instant outcome in terms of new mortgage loans. The banks and building societies had access to this £80bn credit from the Bank of England, with rates [...more]
Throughout October Britain’s housing boom has continued, following an increase in first-hand mortgage lending. It is said that the underlined flaw to this recovery was the reduction in business clients wanting to lend. Industry figures reveal that this innovative mortgage lending had a 32% increase compared October 2012, increasing to £9.9bn as people hurried to [...more]
The contractor mortgage market is always changing to meet the demands of contractors and lenders alike. Since the end of self-certification mortgages it can be more difficult for contractors to secure mortgages based on their personal situations. With self certification mortgages there was no need to have proof of your income and contract, you would [...more]
As time goes on, contractor mortgages are becoming more freely available on the high street. With the government pumping money into the mortgage and lending sector, contractor mortgages are becoming easier to get and cheaper as well, especially for those considered ‘high risk’ borrowers. High street lenders are often more popular with contractors as they [...more]
The Government’s new Funding For Lending scheme has apparently had great success according to lenders, who report that the rates of mortgages being borrowed has climbed steadily since the scheme’s inception. However, in a report recently posted by homeless charity Shelter, findings indicate that borrowers are still struggling to meet the high deposits required by [...more]
An article in the Financial Times recently claimed that lenders have been putting those in full time permanent employment before contractors when it comes to lending mortgages. A response article for Contractor UK debunked this idea and claimed that contractors are actually finding it easier than ever to get the mortgages they want. So which [...more]
In the current economic climate it seems important for many people to downsize, whatever career they are in. People often buy large homes when they are starting their families but as their families grow up and move out it becomes unnecessary to have the same sized homes as they did before. If you are a [...more]
There are plenty of contractor mortgage lenders out there, and the contractor mortgage market is certainly beginning to expand, as many high street lenders are adding to their contractor mortgage lines and introducing more policies which are contractor friendly. This means that, as a contractor, you are just as likely to be able to get [...more]