Self Employed Mortgage Calculator Asessor
The questions on most new or even experienced self employed workers minds when it comes to mortgages are:
- What size mortgage can I get being self employed?
- How much will the repayments cost?
- Is it difficult to get a mortgage as I'm self employed?
- Can I even get a mortgage as I'm self employed if I don't have years of accounts I can submit?
Most contractors will know somebody or know of somebody who has had a nightmare getting a mortgage.
Well maybe it used to be like that a few years ago, however with the huge number of permanent employees choosing to move to contracting and work through their own limited companies, lenders have had to alter their view of the self employed. It is now relatively easy to obtain a mortgage providing you use a competent specialist broker.
At Easy, we looked long and hard to find such a company, our preferred partner is Contractor Mortgages Made Easy (CMME) the UK's leading contractor mortgage broker. Contractor Mortgages Made Easy are eager to prove that you can easily secure the same 'High Street' mortgages as a permie - it's simply a case of making use of the expertise and contacts that they have built up over many years.
Contractor Mortgages Made Easy are directly regulated and authorised by the Financial Services Authority. They are pleased to be able to offer full advice whereas many institutions will now only provide you with an 'information only' service.
They also provide what is referred to as a 'whole of market service', which means they can advise you on and arrange a suitable mortgage from all the lenders and from their entire product range meaning you have more time to focus on contracting.
So back to the first question 'what size mortgage can you get as a contractor?', for ball-park figure as to the loan size that you can aim for, simply enter your contract rate in our mortgage assessor below:
For likely monthly repayments for any given interest rate try our Contractor Mortgage Calculator.
If you are looking to take that first step on the ladder, or to remortgage an existing property, then Contractor Mortgages Made Easy will help you find a solution to suit your needs. Whether you want to find out the best rates available or help calculating how much you can borrow based on your contract rate alone, call 01489 555080, email CMME on firstname.lastname@example.org or fill out the form below:
Contractor Mortgages Made Easy is a trading name of Mortgages Made Easy Limited. Authorised and regulated by the Financial Conduct Authority (FCA reg. 414798).Registered in England No. 4886692 Registered Office: 9 London Road, Southampton SO15 2AE.Your home may be repossessed if you do not keep up repayments on your mortgage.