Paragon Mortgages Ltd Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Paragon Mortgages Ltd offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Paragon Mortgages Ltd and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am a freelance contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company clarifying that I will be transferred onto a permanent contract prior to the end of my set term? Would this help my cause when applying for a mortgage with lend
What criteria does a mortgage lender (for example Paragon Mortgages Ltd) use to categorise a borrower as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?
My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?
As a contractor (IT consultant) do I really need to produce at least six months of both business and personal bank statements as part of the vetting process for Paragon Mortgages Ltd.I am not convinced that my broker is correct.
Could a contractor mortgage with Paragon Mortgages Ltd be a better option for me than a standard Paragon Mortgages Ltd mortgage ?
The above information covers to properties in England and Wales.
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