How to get a mortgage as a contractor
Your home may be repossessed if you do not keep up repayments on your mortgage
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The professional landscape looks very different today than compared to 20 years ago. Many more contractors make up a significant portion of the workforce. Whether you’re a contractor because you prefer the greater flexibility, the chance to vary your career experience or the opportunity for greater rewards, you shouldn’t be penalised when it comes to your mortgage choices.
Traditionally lenders often declined applications from contractors on the grounds that their incomes were temporary but many now realise that contracting is a much more reliable, attractive long-term career path.
Here at Mortgage Style we work with lenders that understand the employment advantages enjoyed by contractors and have developed mortgage choices to suit them.