Find a lender offering low contractor mortgage rates with Deal Direct.

Finding a lender who is offering reduced contractor mortgage rates is effortless with Deal Direct.

At this point in time, many mortgage lenders are reviewing their prices and slicing percentage points from their rates. Sainsbury’s Bank, for example, has reduced rates, introduced new products and withdrawn others.


  • New products include 2 and 5 year fixes at 95% LTV with cashback.
  • Reductions affect 2 year fixed rates at 90 and 95% LTV plus 5 year fixed rates at 60, 75 and 90% LTV.
  • All of their residential tracker mortgages have been withdrawn with immediate effect.

Not all lenders make their ranges available to contractors or to those of you who are classed as self-employed. Sainsbury’s, however, does as long as they are supported by at least one year’s accounts.

As a ‘whole of market’ independent broker, Deal Direct can look into the suitability of these mortgages for you and compare them with other products available. We can advise you on which home financing providers not only offer the most affordable rates, but the best all-around value products combined with flexible lending criteria.

If you are interested in finding out more and receiving the latest advice in contractor mortgages, chat with us online now or over the phone.

Call a Deal Direct mortgage expert today on 0800 048 8828.

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Article published: Friday, August 17, 2018
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