Are you a contractor looking to secure a mortgage? Feeling a little lost in the maze of which lenders are truly contractor-friendly? Embarking on the search for an appropriate mortgage deal as a contractor can very quickly become a miserable task. Fear not, My Contractor Broker is here to help. Our consultants have over 15 […]
Which Lenders offer Contractor Mortgages? Read More »
Identifying and Avoiding Mortgage Scams: A Contractors Guide Scammers are a pervasive presence, particularly in the realm of home-buying where high-value transactions take place. It is crucial for contractor homebuyers and those seeking contractor remortgage to remain vigilant and recognise the signs of fraudulent practices. Find Out How Much You Could Borrow To assist
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Taking out a mortgage is a significant long-term commitment, but it is important to periodically review your mortgage product throughout the term. As a contractor, it can be a little trickier when it comes to remortgaging and therefore it is always advisable to engage with a specialist contractor mortgage broker. A common question that
Should I Remortgage or Switch Product with my Current Lender? Read More »
One of the most common questions we get asked is “Can I get a mortgage if I work as a contractor?”. In most cases, the answer is yes……….. Firstly, what is a contractor mortgage? A Contractor Mortgage refers to a specific type of mortgage designed for contractors and contract workers. It is suitable for individuals
Can I get a mortgage if I work as a contractor? Read More »
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Have you recently experienced the disappointment of having your contractor mortgage application declined? It’s a frustrating situation that many contractors find themselves in when they approach lenders directly. The truth is that lenders often lack a comprehensive understanding of the innovative ways in which contractors are paid and the stability of their income. As
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When going through a divorce, it is important to understand how your mortgage will be handled. Navigating the complexities of divorce can be overwhelming, especially when it comes to handling your financial obligations. In this article, we will provide you with comprehensive information on mortgages and divorce, equipping you with the knowledge you need to
Divorce – What are your mortgage options? Read More »
So you are looking to take your first steps onto the property ladder as a contractor. We understand that this can be a daunting process, but don’t worry, we’re here to guide you every step of the way. In this article we have outlined the main steps involved: Saving up a deposit The first thing
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Are you currently facing a dilemma between choosing a two-year fixed-rate mortgage or a five-year fixed-rate mortgage? If so, you have come to the right place. This is a question that many potential contractor homebuyers and homeowners looking to remortgage are currently pondering, and it’s understandable why. The issue at hand is that a two-year
Contractor Mortgage Dilemma – 2 or 5 years Fixed? Read More »
If you are a contractor considering borrowing money against your house to purchase another property for investment purposes, there are a few important factors to consider. When you borrow against your home, you are essentially accessing the equity or capital tied up in the property. This can be used for various purposes, such as buying
Contractor Mortgage: Accessing Equity for Investment Read More »
Buying a home is a significant milestone for many people and can be more difficult when working as a contractor. Unless you are fortunate enough to purchase the property outright, it will involve taking out a mortgage – a loan specifically designed for buying property. With the high cost of living and rising property prices
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Your property may be repossessed if you do not keep up repayments on your mortgage. My Contractor Broker is a trading name of Harrier Consulting Southern Ltd which is authorised and regulated by the Financial Conduct Authority (FCA reg. 1003892). Registered in England No. 15040182. Registered Office: 5 Harrier Close, Waterlooville, Hampshire PO8 9BZ. Please be aware that Commercial Mortgages, Overseas Mortgages and some Buy To Let Mortgages are not regulated by the Financial Conduct Authority. Calls may be recorded for training and security purposes and to improve the quality of our services.