IT Mortgages
0845 519 6910
Many lenders have tightened their lending criteria over the past 2 or 3 years resulting in a restriction of mortgages for contractors and products for clients falling into the contractor mortgages market, namely in the Contractor or Freelancer category. Lenders don’t recognise that Contractors do not neatly fit into the ‘employed’ or ‘self-employed’ categories much rather they sometimes sit in a grey area in between the two and as such, this often means they fall outside of the Bank’s and Building Societies’ rigid lending criteria.
