Mortgages for Locums

Many locums have informed us of their frustration and disappointment after being offered reduced borrowing or even turned down altogether when applying for a mortgage.
It seems that most lenders do not understand the way locums work or the way they are paid and this often means that to the lender locums can be seen as high risk.
For this reason, we have teamed up with specialist mortgage broker Contractor Mortgages Made Easy (CMME).

Since their launch in 2004, CMME has been striving to educate lenders on new ways of working. They have successfully explained to a large number of lenders that Locums are often less of a risk to lend to than many permanent employees.

CMME have access to a panel of lenders who will offer mortgage funding to locums at the same competitive rates as offered in the High Street. They also, have bespoke underwriting arrangements with a number of financial institutions to help locums maximise their borrowing potential.
These arrangements allow you to borrow based on an annualised contract rate without the need to supply the three years worth of accounts that most conventional lenders ask for.

As a whole of market mortgage broker, CMME has continuously fulfilled the lifetime promise that they make to their clients to save them time and money. CMME guarantees to find the best possible mortgage provider and secure the best possible mortgage rate its clients.

Satvinder Singh, Business Development Director at CMME, said “We are thrilled to be working in partnership with ENL Legal and look forward to helping the many locums that work through ENL to secure competitive mortgage funding. Whether you are a first time buyer, home mover, looking to invest in a new property or looking to remortgage an existing property, then our team of knowledgeable and experienced professionals will be delighted to help you find the best solution to suit your individual needs.”

Call CMME on 01489 555 080 to speak with a Locum Mortgage Specialist completely free of charge or Click Here to calculate how much you could borrow based on your contract rate:

Contractor Mortgages Made Easy is a trading name of Mortgages Made Easy Limited. Authorised and regulated by the Financial Conduct Authority (FCA reg. 414798).
Registered in England No. 4886692 Registered Office: 9 London Road, Southampton SO15 2AE.
Your home may be repossessed if you do not keep up repayments on your mortgage.