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Contractor Mortgages
Contractor Mortgages Made Easy are experts in sourcing Mortgages for Contractors. We can help you find the right contractor mortgage quickly and we make it as easy as possible by doing everything we can to simplify the process for you.
Specialising in bespoke mortgages for contractors. We have access to the whole of the market for contractor mortgages and our advice is completely impartial.
Historically, lenders have penalised contractors when it comes to sourcing a mortgage. They see permanent employees as a better bet.
Most contractors are referred to us as a consequence of being let down by others in the mortgage marketplace that do not understand the contractor's world or have a good working knowledge of contractor mortgages. They have usually spent time and money or in some instances both to source a competitive mortgage deal, which in a lot of instances for contractors is not forthcoming. We are all too familiar with these frustrations. In essence, we can position your situation with the lender so that they do not discriminate against you for being a contractor for lending purposes.
We have quickly established a reputation in the contractor mortgage marketplace associated with quality. We consistently provide a speedy, straightforward service for busy contractors who need to trust someone to find the right contractor mortgage and get things done.
I cannot thank Taj enough for his assistance in securing me a mortgage. Being a IT Freelance Contractor, mortgages are not the easiest things to arrange. High Street Banks simply don't understand us. Taj and CMME made the entire process amazingly easy and efficient.My application may have been even more frustrating than some, but Taj was there to fulfil every request (above and beyond simple brokerage) and hassle his contacts in the back to get the results we needed... especially on the final day before exchanging when the entire purchase nearly fell through pending a confirmation by the bank. Without Taj, i am certain the purchase would never have happend. I highly recommend CMME to any contractor who is looking to secure a mortgage. A rarity these days, outstanding service. Thank you. Mark Stokes
The Latest Contractor Mortgage News
28th January 2012
NatWest reduces rates on 90% LTV
NatWest Intermediary Solutions has reduced its rates on a number of its fixed rate contractor mortgages. These are in affect as of today. This includes its 90% LTV products which are great for first-time buyers and those with low contractor mortgage deposits.
They will also be reducing their rates on their 60% LTV buy-to-let products also. Currently their five-year fixed rate contractor mortgage at 90% LTV is at 6.35%. This has now been reduced to 6.09%, a fall of 0.24%. Their two-year fixed rate on 80% LTV will see a rate reduction of 0.10% and their 75% LTV mortgage range will be reduced by 0.10% also.
There will, however, be rate increases on many of their tracker products which will increase across the board by around 0.10%. The rate reductions are great news for first-time buyers especially. The high LTV and the low mortgage rates mean that many will now be able to afford the contractor mortgage that they have been looking for.
Graham Felstead is the head of intermediary channel at NatWest Intermediary Solutions and has said, “We have continued to support the first-time buyer market by offering 90% LTV mortgages and accepting applications from government-backed shared equity schemes, so I am delighted with the rate reductions on our 90% LTV mortgages in both our core and corporate ranges.”
As a contractor looking for the right contractor mortgage, deals like these can only be seen as a positive. If you are looking for a contractor mortgage then book an appointment with a contractor mortgage adviser today.
Article by: Christine Baker, Freelance, Financial Journalist
Media Contact: Raman Kaur, Public Relations Manager.
Tel: 0844 44 88 800
Email: media@contractormortgagesuk.com
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