At Equas we believe that no one should be penalised when it comes to getting a mortgage. That is why we have teamed up with Contractor Mortgages Made Easy (CMME), a broker that specialises in helping freelance contractors secure mortgage funding.
In the current market it has become increasingly difficult to obtain a mortgage as a contractor. This is because many lenders do not understand the complexities surrounding a contractor’s remuneration, and when it comes to affordability testing, some areas of their income do not fit in to lender’s standardised procedures. As a result, these individuals are often offered a reduced borrowing figure, or have their application declined altogether.
CMME, the UK’s leading contractor mortgage broker, are able to help individuals avoid these typical frustrations. The way they do this is by engaging with lenders upfront to ensure the contractors circumstances are understood correctly from the beginning. CMME have put in place bespoke underwriting agreements which allows individuals to borrow based on a multiple of their contract rate alone. Therefore it is possible to secure a competitive high street mortgage at the same rates available to those in permanent employment.
If you would like more information please visit: www.contractormortgagesuk.com/partner/myequas or call CMME directly on 01489 555 080.
Equas are not authorised to offer regulated mortgage advice. Equas are introducers to Contractor Mortgages Made Easy. Contractor Mortgages Made Easy is a trading name of Mortgages Made Easy Limited which is authorised & regulated by the Financial Conduct Authority. Registration No. 414798. Your home may be repossessed if you do not keep up repayments on your mortgage.