Lloyds Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Lloyds offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Lloyds and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have been dealing with an IFA regarding my remortgage because I am on a fixed term contract of 3 years (a media contractor). My contract begin date last year. I am looking for a five year fixed rate deal. Property worth £200,000, I want to borrow £150,000. I purchased the property three years ago for £157,000 and I currently owe 115k to Lloyds
What is the situation with contractor mortgages and Lloyds? I am a contractor but my OH has a permanent job. Will Lloyds take my salary were we to make an application in both our names?
I am a finacial contractor looking to buy a home in Nottingham. My next step is to secure a mortgage preferably from Lloyds. Should I contact Lloyds directly or seek the help of a contractor specialist mortgage broker who focuses on dealing with contractors and Lloyds.
Does the UK Finance Lender's Handbook set out the requirements for Lloyds when it comes to contractor mortgages or self-employed mortgages.
Even though I am a contractor (freelance journalist) do I really need to produce at least six months of both business and personal bank statements as part of the due diligence process for Lloyds.I am not convinced that my broker is correct.
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Lloyds