Knowing how much you can borrow when it comes to looking for your dream home will help you narrow down your search as you will have a clear idea of your budget. You may be surprised by how much you can borrow now that you are a contractor.
When you speak to one of our dedicated contractor mortgage advisers you can rest knowing that they will accurately work out exactly what you need to borrow, and draw up an agreement in Principle (AIP) with your chosen lender. An AIP will set you apart from other potential buyers when you come to make an offer as it shows the estate agents that a Lender has already agreed to lend you a certain amount based on your contract rate.
To find out how much you can borrow, simply drag the slider to your hourly contract rate.