Contracting allows for a large amount of freedom and flexibility in your work life – an attractive quality for many, but one that has historically posed problems when it comes to securing a mortgage.
Thankfully, the days of mortgage difficulty for contractors are long gone, so there needn’t be any barriers to finding your dream home. We’ll work together to find a deal that’s right for you, and although you might experience slightly stricter lending criteria than for your standard mortgage, this is something we can help you navigate.
Our specialist knowledge in contractor mortgages means we’ll not only find the best options for you and your circumstances, but manage the whole process as well – leaving you free to focus on your business.
As the definition of a contractor can vary from one lender to another, you must be either:
Lenders will usually want to verify your income over the last two to three years. This means having your accounts and tax returns in order before applying for a contractor mortgage. From there, we can do the rest.
To prove longevity and affordability to lenders, we’ll need:
Momentum Mortgages is proud to be a part of Embrace Financial Services .