While having a larger deposit can provide more options and potentially better mortgage terms, contractors do not necessarily need a bigger deposit compared to conventional borrowers. Many lenders offer competitive mortgage deals even with smaller deposits, so this shouldn’t prevent you from securing a mortgage.
Attache Limited trading as Simple Fast Mortgage is an Appointed Representative of Connect IFA Limited 441505 which is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register (https://register.fca.org.uk/s/) under reference 412161. Attache Limited Registered Address: 28-32 Greenwood Street, Altrincham, WA14 1RZ. Registered in England and Wales No: 03942107. The FCA does not regulate some forms of Business But to Let Mortgages and Commercial Mortgages to Limited Companies. The information contained within this website is subject on the UK regulatory regime and is therefore targeted at consumers based in the UK. Depending upon your circumstances there may be a fee for mortgage advice. We will confirm the precise amount before you choose to proceed. Where a fee is due we estimate it to be £199. Your property may be repossessed if you do not keep up repayments on your mortgage.
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