Mortgage Express (No 2) Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Mortgage Express (No 2) offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Mortgage Express (No 2) and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
What is the situation with contractor mortgages and Mortgage Express (No 2)? I am a contractor but my hubby has a permanent job. Will Mortgage Express (No 2) take my salary should we make an application in both our names?
What criteria does a mortgage lender (for example Mortgage Express (No 2)) use to categorise a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a business?
Going through the contractor mortgage process to move to a buy to let with a new mortgage company. All documents done and submitted. Received communication from the lender to say they can't move forward with application unless my current manager writes me a letter saying my contract will definitely get extended and when new end date will be. Any advice?
I am well aware that the days of self-certification contractor mortgages are a thing of the past. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. In particular I have my eye on a mortgage deal with Mortgage Express (No 2)
Is it true that as contractor I would require a significant deposit up to as much as 50 per cent to qualify for a mortgage with Mortgage Express (No 2).
The content set out above covers to properties in England and Wales.
Find out how to order your redemption statement request from Mortgage Express (No 2)