mortgage broker.co.uk

Director Mortgages

As a director you should be getting advice that is specific to your profession and theere are often mortgae deals for directors thatn can be used but you need specalist advice. Some thing to tak into consideration

• You never know whne the ups and downs in you business will be so don't assume that you can make payments inthe future more easily. You income may increase significantly due to dividend income so it may be wise to choose a product that allows to to pay off capital early without excessive charges.

• You can normally borrow about two to three timesyou regular income before tax or if you are applying jointly then about two and a half time joint income although you may be able to borrow more depending on other regular outgoings.

• If your income could be higher going forward, you may look forinitial monthly payments as low as can be. You should be considering mortgages with discounted rate offers and discounted rate times as well as extended loan period.

• If you are looking at a self certification director loan where you say what your own income is ther you may need a hoigher deposit of up to 30%

Directors are often busy working late into the night so we want to accomodate you by working on your terms be that face to face or over the phone. As a busy director we know that you don't always have the time to be searching for the best deals on you mortgage and also that you understand the value of professional advice. All our mortgage advisers have expertise in finding the best deal for director.

To speak to a mortgage adviser about specialist information on the mortgages available for a director then please fill out the short enquiry form below.

Speak to a professional about a Mortgage