You should be talking to us if any of the following apply.

If any of the points above apply...

IT Consultants and Contractors

We are able to offer IT Consultants and computer programmers* mortgages working either through their own limited companies, as sole traders, or through umbrella companies the facility to access mainstream lender channels for mortgages.

This bespoke advice is available for first-time buyers, movers and re-mortgages alike.

Within the special arrangements offered by lenders there are very differing criteria. For example one lender may request that you have at least 12 months contracting experience, while a second lender may request you have at least 6 months left on a contract at application. Our position therefore is very simply to obtain the most appropriate and cost affective mortgage in the market for you given your circumstances and indeed how you would ideally prefer the advance to be structured.

An example of the use of contract rate rather than net profit or drawings might be:
Daily rate of £300 on a three month rolling basis, this would offer a potential mortgage income annualised over a 48 week year to be £300*5*48=£72,000. This allows the contractor professional another string to their bow.

However we would obviously make use of the normal account based sourcing if this were to be available and indeed offer an improved recommendation.

Normal Documentation might include some of the following:

• Up to date CV
• Latest contract and potentially previous
• Latest 3-6 months bank statements
• Accounts if appropriate