Shop around for your 2018 contractor mortgage with Deal Direct.
Since October last year, the market has seen a sharp fall in the number of mortgage products available, including contractor mortgages.
The fall in availability is most likely as a result of the increase in the base rate. Lenders appear to be taking their time to review their ranges and decide how to price them, taking the base rate into account.
Consequently, finding the right contractor mortgage that perfectly suits your needs, has become a little trickier. This is why, if you are self-employed, seeking professional help from Deal Direct is highly advisable, simply because we know the market inside out.
We have been in business for more than 12 years and provide expert assistance to help you root out the most affordable mortgage deal from the ones on offer. Now that contractor mortgages may not be so numerous, it is more vital than ever that you seek our advice before submitting an application.
Deal Direct have strong relationships with the specialist lenders and know which ones take a personalised approach to underwriting and offer the most flexible terms and conditions, as well as the most competitive rates.
As the greatest fall in mortgage availability has hit the higher loan to value products, if you have a smaller deposit, this is where our expertise could benefit you the most.