The Mortgage Lender Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether The Mortgage Lender offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about The Mortgage Lender and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have retained a mortgage adviser regarding my remortgage because I have just won a fixed term contract of 3 years (on a grad scheme). My contract started date this year. I am seeking a 5 year fixed rate deal. Property worth £200,000, I want to borrow 132K. I purchased the property three years ago for £157,000 and I currently owe 120K to The Mortgage Lender
What is current approach to contractor mortgages and The Mortgage Lender? I am a contractor but my hubby has a permanent job. Will The Mortgage Lender take my salary were we to make a joint application?
I am Oil & Gas contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally with The Mortgage Lender. Should I contact The Mortgage Lender directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and The Mortgage Lender.
Do any sections of the UK Finance Lender's Handbook set out the requirements for The Mortgage Lender when it comes to contractor mortgages or self-employed mortgages.
Myself and my fiance are currently about to apply for our first mortgage with The Mortgage Lender. However, after studying, I've just this month started working as a contractor, although I'm yet to register etc with HMRC. My fiance is full time employed as an accountant, and so does have a healthy incomefor us to put forward. I was hoping to get some advice on how my contractor status will affect us getting an application approved please?
The content set out above is in relation to properties in England and Wales.
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