We are aware that in the past many freelancers have struggled to arrange mortgages due to the perception on the part of lenders that those on short-term contracts represent a poor credit risk with incomes that are difficult to assess.

We know that this is not the case so we have teamed up with Contractor Financials who have negotiated specialist underwriting terms with ‘High Street’ lenders based simply on a multiple of your contract rate alone. They are able to provide free advice and recommendations specifically tailored to the needs of freelancers. They avoid costly ‘self cert’ mortgages yet in many cases still require no income references thanks to the fast track underwriting that they have been able to put in place for our members.

Simon Foster from ContractorFinancials writes;
...‘Whilst it is relatively easy for you to go online or pop into a local branch to obtain an initial agreement in principle from a lender, its only when that application physically goes live that a more senior mortgage underwriter will properly consider your employment status. It is at this stage that things can start to go horribly wrong

GreenLantern35 will happily write references for any mortgage application that you source yourself or is submitted to a lender via a less experienced mortgage adviser but past experience has shown that they will write multiple references for the same client, each time to a different mortgage company as earlier applications fall apart.

As Independent mortgage advisers we are very selective as to which lenders we approach and careful that we only talk to sympathetic staff within those institutions. In short we will only work with lenders where we are guaranteed of successfully securing your mortgage and so we take one of the most nerve wracking variables out of the house buying process.

We can place your mortgage/remortgage within days of your first contract and with minimal deposit and you will be able to benefit from exactly the same competitive mortgage schemes as a permi. As an example of the unique service that we are able to provide we have exclusive access to a scheme for contractors that allows you to borrow up to £300k without any deposit whatsoever (this loan is dependent on status and the loan size is determined by your contract rate). This particular scheme is a flexible mortgage with no tie ins and no higher lending charge (this is a fee that is charged by many lenders where your putting down less than a 10% deposit)...’

How much does the service cost?
As a GreenLantern35 employee we will charge you none of the usual brokers fees that other advisers levy. It will therefore cost you nothing to gain the certainty that your mortgage will be accepted at the loan size required, at a competitive interest rate and without any of the usual frustration.

To contact us you can email us at greenlantern35@contractorfinancials.com we will then contact you to discuss in more detail either by telephone or face to face.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

Financial advice is provided by ContractorFinancials which is a trading name of Contractor Financials Ltd which is regulated and authorised by the Financial Services Authority. FSA Registration No: 207478

Not all products are regulated by the FSA e.g. buy to let mortgages. Your home may be repossessed if you do not keep up repayments on your mortgage.