Contractor remortgages – what you need to know
Replace your existing mortgage with a better one.
Sounds simple enough. Until your lender finds out you’re a Contractor. But why should you be penalised for the way you work? At Broadbench, we have access to a range of Contractor-friendly lenders, which means you could replace your existing mortgage with one that offers a better rate, so you could save money, consolidate debts or free up cash from the equity on your property.
What we can offer
- Access to a whole range of Contractor-friendly remortgaging lenders
- We’ll do all the paperwork and help you every step of the way
- We’ll find the very best deal for you
What you’ll need for your remortgage
- A copy of your contract showing your daily rate
- To have your house valued
- Three months bank statements showing your earnings
- Your latest CV, showing your employment history
- Proof of ID
- Funds to cover the cost of remortgaging including: solicitors fees, survey fees, early repayment charges (if they apply)
Four Easy Steps.
1
Get to know you.
Before we do anything, we listen to you. Understand how you work and what you need. It’s the only way to ensure we get the right product to fit your needs.
2
Discovery
Find what’s right for you.
Once we’ve built a profile of your needs, we’ll scour the market, speaking with lenders or insurers until we’re absolutely certain that what we recommend properly covers you.
3
Recommendation
We do all the paperwork.
We’ll take you through the finer points of everything, and once you’re happy, we’ll make all the arrangements to save you time and hassle.
4
Review
We keep looking after you.
We’ll keep in touch, checking in every year to make sure the product you have is still relevant. However, if your circumstances change, we’ll help you adapt.