IT contractor friendly mortgage lenders

**Back In Business** · 28 February 2007, 15:41

Northern Rock via Contrator Money (or whatever they are called)

**Tool** · 28 February 2007, 15:55

Originally posted by churkus

I have a feeling Nationwide are not going to offer me a mortgage. They keep stalling, quering my working arrangements etc. have recieved a reference from my brolly, and will be "in touch" with my mortgage broker.

Are there any IT contractor friendly High St. Lenders out there? Who did any of you IT contractors out there get your mortgage through at a comaparable interest rate?

I got my mortgage with Nationwide very easily.
Are you using a mortgage broker?

**churkus** · 28 February 2007, 15:57

Originally posted by Tool

I got my mortgage with Nationwide very easily.
Are you using a mortgage broker?

Yes I am, should I not have?

**tay** · 28 February 2007, 16:07

http://www2.kmc.co.uk/HotHouse/specialistprime.page

**Tool** · 28 February 2007, 16:11

Originally posted by churkus

Yes I am, should I not have?

You should. Whatever your situation is, you will get a better deal through a mortgage broker, and things will be smoother through a mortgage broker (normally!)

Not all mortgages brokers are equal, though.
But wait a bit for Nationwide's decision. If you pull out, this is recorded on your credit history; so future potential lenders may think that you pulled out too early...

**Tool** · 28 February 2007, 16:12

And do not apply for another mortgage in the meanwhile!
Everything is recorded on your credit history!

**Lockhouse** · 28 February 2007, 16:39

Halifax are OK - go to a branch used to handling contractors like the one at Canary Wharf and they'll throw money at you.

**Ivor1** · 28 February 2007, 18:12

I used Halifax with no probs, went through contractorfinancials.

**swamp** · 28 February 2007, 18:53

Originally posted by churkus

Yes I am, should I not have?

Sounds like you need a different mortgage broker.

Are you borrowing close to 4 x your annualised rate?

IT contractor friendly mortgage lenders