Hello All,
I thought I would drop a quick message to really give a recommendation over regarding Contract Financials. There have been various posts of the past few months about who is best to use for a contractor getting a mortgage. I cannot recommend CF highly enough!
So a little background, I have been contracting around 2.5 years, with around 10 years experience in my field. Although I didn't have two years of accounts due to various LTD company structures (joint venture with a friend), and a good friend doing my accounts.
I approached CF and was contacted by Leigh, who talked me through the whole process, what needed to be changed, how the mortgage will be structured between me being an LTD Director and the misses being in full time employment. She then managed to get us an agreement in principle within what felt like a matter of hours.
The total money we could have borrowed was basically day rate over 48 weeks multiplied by 5 (maybe 4) years. Which was an astronomical amount. However we settled for something a bit more manageable. So we put an offer in a house, and everything went through a dream with the Halifax.
After a number of drop outs between the vendor and us, our offer expired and the process started again. This time, Leigh and the team were able to get a new offer on a new house sorted, survey and all with minimal input from us. We completed within within 6 weeks on the new property.
They even sorted out all our insurance requirements!
Definitely worth giving them a shout.
I thought I would drop a quick message to really give a recommendation over regarding Contract Financials. There have been various posts of the past few months about who is best to use for a contractor getting a mortgage. I cannot recommend CF highly enough!
So a little background, I have been contracting around 2.5 years, with around 10 years experience in my field. Although I didn't have two years of accounts due to various LTD company structures (joint venture with a friend), and a good friend doing my accounts.
I approached CF and was contacted by Leigh, who talked me through the whole process, what needed to be changed, how the mortgage will be structured between me being an LTD Director and the misses being in full time employment. She then managed to get us an agreement in principle within what felt like a matter of hours.
The total money we could have borrowed was basically day rate over 48 weeks multiplied by 5 (maybe 4) years. Which was an astronomical amount. However we settled for something a bit more manageable. So we put an offer in a house, and everything went through a dream with the Halifax.
After a number of drop outs between the vendor and us, our offer expired and the process started again. This time, Leigh and the team were able to get a new offer on a new house sorted, survey and all with minimal input from us. We completed within within 6 weeks on the new property.
They even sorted out all our insurance requirements!
Definitely worth giving them a shout.
I'm a contractor donch'ew'neuw!
Comment