Find an uncomplicated contractor mortgage with Deal Direct.

Find and secure an uncomplicated contractor mortgage with Deal Direct.

The process of researching contractor mortgages and gaining approval for your application can be complicated.

This is because some lenders’ products and processes are geared towards the needs of contractors like you, and some aren’t. Making the mistake of applying to a lender who doesn’t understand the nature of your work as a contractor can be detrimental to subsequent applications. Getting it right first time, therefore, is vital.

Deal Direct can guide your search as we already know which lenders have the most appropriate products for contractors like you. We also know which ones have the simplest processes too.

The lender Kensington, for instance, recognises that making contractors jump through an excessive amount of hoops is counter-productive. Consequently, they have simplified their processes to include:

• income calculated using 46 weeks of current contract
• only 12 months history required and less in some cases
• no difference in products and rates available to those who are traditionally employed

Your work can be in any sector as there is no restriction imposed by Kensington to contractors from the financial industry or IT professionals, for instance. The lender will also consider contractors who may have credit issues.

To find out about rates and terms available as well as how much you can borrow, speak to a Deal Direct representative.

Chat with us online now or call us on 0800 048 8828.