Mortgage advice

[el duder]

Are you both Indians?

Good one.

I am also on £250 a day. Its market rates. What can i say?

I got offered a contract for £350 in Dec though.

[Sockpuppet]

Well as I'm currently on the bench I've limited it. Also thats the first house that I have seen that is even remotely interesting to look at.

All the houses that are more expensive are just tulip 1960s horrors.

[AnotherIan]

The Halifax are very risk averse so tend not to be too eager to do anything different.

Maybe worthwhile talking to Glash above he'll have a few options.

Yeah I popped in as I work very close to their branch rather than any sound financial planning I've been looking at a couple of options and I've been discussing them with the guys in the office who have already been through all this so I think I know what I want now. I'll let you know how I get on.

[TheFaQQer]

Remember - you're not a contractor, you are the Managing Director of an IT company (or whatever you contract in).

You're not self employed, you are employed by the company, and are compensated accordingly.

I guess you could get a job offer from your company secretary that offers a high salary, to show to the bank, but that might just cross the line to being fraud...

[MobileCheese]

Halifax were falling over themselves to lend me ££, offered me far more than I could realistically afford I made a mistake going with Halifax though, the offer good'ish rates if your 'moving to a new property' but if your just re-mortgaging the rates are crap something like 0.5% more than if moving house, cant see the logic in it. Means Im going to have to re-mortgage with a different lender which is a pain in the ass.

I got the deal through a broker contractorfinancials, you best off with a broker as they know who will lend on your type of circumstances. self cert deals arent that bad these days either