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Mortgages for IT Contractors

I am a self employed IT Contractor. Does anyone know who can contact to change our mortgage or which lenders offer Contractor mortgages?

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Who are you currently with? What have they offered you?

    Plenty lenders will do this for you - how long have you been contracting? What is your income?

    What is the LTV and mortgage amount you are looking for?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • loobs40
    loobs40 Posts: 1,232 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    This is a copy of a post I wrote back in Jan 2006, I have had no dealings with them since then but they were great for me for my last 2 mortgages

    For any IT contractors looking for a mortgage or remortgage I would have no hesitation in recommending these brokers.

    I first contacted them on 5th Jan for a remortgage and the formal mortgage offer has already come through.

    Best of all, the only income information they needed was my hourly rate. Obtaining mortgages for IT contractors has always been a nightmare as the High Street building society branches usually take a sharp intake of breath and start shaking their heads as soon as you mention hourly rates.

    Their communication with me has been excellent, mostly by email, and all my proofs of Id etc were sent back to me immediately via Special Delivery. I posted them my passport on Saturday (bit dubious about that because I am going abroad in Feb) and I received it back this morning.

    Their web site is
    www.contractormoney.com

    Let me emphasize, I have no dealings with them whatsoever apart from being a satisfied client.
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