Find a longer-term fixed rate contractor mortgage with the help of Deal Direct.
Independent UK mortgage broker, Deal Direct, can help you to find a contractor mortgage with a great rate, which is fixed for a longer term.
The rise in the base rate last August has motivated more mortgage hunters to look for longer-term fixed rate deals. While 2-year fixes still offer a combination of excellent rates and flexibility, it’s the 5-year terms and longer that contractors are searching for.
The advantages of a longer-term mortgage for contractors include:
- Peace of mind
The nature of contract work can be unpredictable. This coupled with the uncertain state of the economy at the moment has encouraged mortgage hunters to think ahead and plan for future rises in the base rate. Consequently, the market has seen a swelling interest in longer-term fixes and rates are very competitive at the moment.
However, not all mortgage providers will lend to contractors and, of those who will, you have to fit the profile of client they are looking for.
So, how would you know where to start and find the right lender for you with the right mortgage at the right price? The answer would be to begin your enquiry with Deal Direct and allow us to be your guide.
Deal Direct has accumulated more than a decade’s experience in matching borrowers with appropriate products and lenders. Our highly skilled and knowledgeable team has worked successfully with literally thousands of clients – and we can do the same for you.