At last! You can now get an affordable mortgage without an enormous deposit!
Buying your first house can be a stressful and daunting prospect, regardless of whether you’re working freelance or not. There’s so much you feel you should know and there are so many different mortgage options that it’s difficult to figure out where to start. You may be looking for the house of your dreams, or just a nice little place of your own. Whatever the desire, you need to ensure that your monthly mortgage repayments are well within budget and not going to keep you up at night!
Traditionally, first-time buyers have had a pretty good time of it. It’s no secret that mortgage lenders were more than happy to lend five, six and sometimes as much as seven times your annual contract salary before the credit crunch struck. Nowadays, even a 15% deposit is considered small by some financial institutions and many have reverted back to a more prudent lending criteria.
But it’s not all bad news! Yes the mortgage market has changed but there are still some cracking offers to be had if you know where to look. Since the start of 2010, we have secured some incredible mortgage deals for first time buyers and here’s five reasons why you should get in contact.
Mortgage deals for first time buyers
- Secure a competitive mortgage with just a 10% deposit
- Affordability assessed on your contract rate alone
- Mortgages of up to five times annualised contract income
- Discounted or zero set-up fees on certain mortgages
- FREE legal fees and FREE conveyancing
- FREE SMS service to keep you updated on your application
Why should you choose C&F mortgages?
We make the process of arranging your first mortgage painless and hassle free. As a contractor, you may feel that securing a great deal on your mortgage is an impossibility. Many mortgage lenders offer bad terms for freelancers and contractors because of the irregular nature of their work. But it needn’t be the case.
At C&F Mortgages, we secure first-time buyers with the most competitive mortgages on the market; our service also includes:
- No administration fee. Most brokers charge a flat £500
- Whole of market selection to get you the best possible mortgage deal
- Affordable mortgage protection & critical illness policies available
- Priority mortgage applications for those in a hurry
- Personal account manager from application to completion
We cater for all trading structures and payment mechanisms. Our clients range from self employed individuals & partnerships, to contractors with their own limited company, as well as umbrella company workers. Buying your first house should be a time for fresh hope and optimism – we’ll ensure that the process of landing a mortgage doesn’t diminish your spirits.
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