This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

Mortgage & Equity Release - Call Us 0117 313 7780

What is your mortgage for?

 

1.41% 5 Year Fixed 

  • 60% LTV
  • Overall cost for comparison 3.30%
  • £250 Cashback

Representative Example: 

Mortgage of £100,000 on property valued at £200,000 over term of 25 years.

Rate fixed for 5 years after which reverts to NatWest variable rate of 4.24%.

Call NatWest FREE on 0800 068 8567

1.17% 2 Year Fixed 

  • 60% LTV
  • Overall cost for comparison 3.80%
  • £250 Cashback

Representative Example: 

Mortgage of £100,000 on property valued at £200,000 over term of 25 years.

Rate fixed for 5 years after which reverts to NatWest variable rate of 4.24%.

Call NatWest FREE on 0800 068 8567

Details sort by initial rateLenderInitial rate Rate type Overall cost for comparisonMax LTVProduct feeMonthly cost Enquire
Initial rate: 1.38%
Rate type: Fixed Dec-2022
Monthly cost: £595.41 per month
Max LTV: 60%
Product fee: £1377.00
Overall cost for comparison: 3.8% APRC
NatWest logo 1.38% Fixed Dec-2022 3.8% APRC 60% £1377.00 £595.41 per month get quotes Call direct0800 068 8567
Initial rate: 1.38%
Rate type: Fixed Dec-2022
Monthly cost: £595.53 per month
Max LTV: 60%
Product fee: £1377.00
Overall cost for comparison: 3.8% APRC
Royal Bank Of Scotland logo 1.38% Fixed Dec-2022 3.8% APRC 60% £1377.00 £595.53 per month get quotes Call direct0800 068 7706
Initial rate: 1.55%
Rate type: Fixed Dec-2025
Monthly cost: £607.44 per month
Max LTV: 60%
Product fee: £1377.00
Overall cost for comparison: 3.3% APRC
NatWest logo 1.55% Fixed Dec-2025 3.3% APRC 60% £1377.00 £607.44 per month get quotes Call direct0800 068 8567
Initial rate: 1.55%
Rate type: Fixed Dec-2025
Monthly cost: £607.56 per month
Max LTV: 60%
Product fee: £1377.00
Overall cost for comparison: 3.3% APRC
Royal Bank Of Scotland logo 1.55% Fixed Dec-2025 3.3% APRC 60% £1377.00 £607.56 per month get quotes Call direct0800 068 7706
Initial rate: 2.4%
Rate type: Fixed Dec-2022
Monthly cost: £665.40 per month
Max LTV: 60%
Product fee: £382.00
Overall cost for comparison: 4% APRC
NatWest logo 2.4% Fixed Dec-2022 4% APRC 60% £382.00 £665.40 per month get quotes Call direct0800 068 8567
Initial rate: 2.4%
Rate type: Fixed Dec-2022
Monthly cost: £665.53 per month
Max LTV: 60%
Product fee: £382.00
Overall cost for comparison: 4% APRC
Royal Bank Of Scotland logo 2.4% Fixed Dec-2022 4% APRC 60% £382.00 £665.53 per month get quotes Call direct0800 068 7706
Initial rate: 2.64%
Rate type: Fixed Dec-2022
Monthly cost: £683.55 per month
Max LTV: 80%
Product fee: £382.00
Overall cost for comparison: 4% APRC
NatWest logo 2.64% Fixed Dec-2022 4% APRC 80% £382.00 £683.55 per month get quotes Call direct0800 068 8567
Initial rate: 2.64%
Rate type: Fixed Dec-2022
Monthly cost: £683.69 per month
Max LTV: 80%
Product fee: £382.00
Overall cost for comparison: 4% APRC
Royal Bank Of Scotland logo 2.64% Fixed Dec-2022 4% APRC 80% £382.00 £683.69 per month get quotes Call direct0800 068 7706
Initial rate: 3.09%
Rate type: Fixed Dec-2025
Monthly cost: £718.36 per month
Max LTV: 60%
Product fee: £382.00
Overall cost for comparison: 3.9% APRC
NatWest logo 3.09% Fixed Dec-2025 3.9% APRC 60% £382.00 £718.36 per month get quotes Call direct0800 068 8567
Initial rate: 3.09%
Rate type: Fixed Dec-2025
Monthly cost: £718.50 per month
Max LTV: 60%
Product fee: £382.00
Overall cost for comparison: 3.8% APRC
Royal Bank Of Scotland logo 3.09% Fixed Dec-2025 3.8% APRC 60% £382.00 £718.50 per month get quotes Call direct0800 068 7706
12

Representative Example:

A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.

 

The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).

 

In this example the overall cost for comparison is 3.7% APRC representative.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

Mortgages for IT Contractors

Our Mortgage Service For IT Contractors

"The essence of the Fair Mortgages service is professional independent mortgage and protection advice brought to you by a team of specialist advisers and experienced administration support. 

As your mortgage is such an important transaction, good advice is imperative.

Right Bullets

Mortgages for IT Contractors

Before the recession, IT contractors could get a mortgage deal quite easily on the high street using one of the many self-certification mortgage offers that were then on the market. However, sin following changes to the law in the last decade, self cert mortgages for IT contractors are no longer on offer from any UK lenders.

Since the mortgage Market Review in 2013, these kinds of self-certified mortgages have become history as lenders are now required to check affordability and income much more stringently than before.

As an IT contractor with an unconventional or sporadic income stream, your accounts may well not truly reflect your income. In order to get the best mortgages for IT contractors it can be a good idea to approach mortgage providers who will consider your total gross income and who understands the nature of contract income streams.

Getting mortgages for IT contractors

When you apply for a mortgage deal as an IT contractor the lender you approach will take various aspects of your work into account when deciding to lend. Factors that could make getting a mortgage easier could include:

  • Comprehensive accounts going back at least two years - having your accounts in order before you apply for an IT contractor mortgage could really help to improve your chances of getting the deal you want, because it reassures mortgage providers that you have a good history of income.
  • A substantial career history – this suggests work stability (however, some mortgage provides will still be able to offer you a mortgage deal even if you have less work experience as an IT contractor)

To get more advice on how to get the best mortgage deals for IT contractors, call us today on 0117 313 7780 or click on the FREE mortgage calculator above and compare over 5,000 deals tailored to your personal requirements.

If you are unsure about what mortgage product is suitable for you call 0117 313 7780 or request a callback.

house icon

Call 0117 313 7780 or Request A Callback for our Mortgage Service For IT contractors

For a FREE initial conversation about your mortgage options complete our short enquiry form.

request call back

Please confirm your details

Extra information

The optional information below will help us to contact you

Our Services