Getting a mortgage as a contractor

[AreYouGoingToWorkToday]

Writing an update lest some poor soul use the search function in the future and end up here.

I used Freelancer Financials who got me a mortgage offer quickly. The chap gave solid advice, and was clearly knowledgable about the market and different lenders.

The loan amount they were able to secure solely from my day rate was a real eye opener. Far more I had been given going down the more conventional routes I mentioned ealier.

As an example, when I went directly to Nationwide they refused to offer me anything over £200k. With Freelancer Financials I could take the mortgage beyond £800k+.

i'm tight, but even I must admit they were worth the money in the end - if only for sheer speed, and ease of mortgage acquisition.

Useful, thank you for the update!

[ladymuck]

Always nice to have a happy ending!

[Paralytic]

Always nice to have a happy ending!

Checks board

Not General

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[PerfectStorm]

As an example, when I went directly to Nationwide they refused to offer me anything over £200k. With Freelancer Financials I could take the mortgage beyond £800k+.

I'm pretty sure that figure is just a soft calculation and wouldn't necessarily be backed up by underwriters when it came down to applying. Happy to be proven wrong.