Accord Mortgages Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Accord Mortgages offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Accord Mortgages and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
What is current approach to contractor mortgages and Accord Mortgages? I am a contractor but my hubby has a permanent job. Will Accord Mortgages take my salary were we to make a joint application?
I am an IT contractor looking to buy a home in London. My next step is to secure a mortgage ideally from Accord Mortgages. Should I contact Accord Mortgages directly or seek the assistance of a contractor specialist mortgage broker who focuses on dealing with contractors and Accord Mortgages.
What criteria does a mortgage lender (for example Accord Mortgages) adopt 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?
As contractor looking for a mortgage with Accord Mortgages will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.
How can I make myself more attractive to a lender such as Accord Mortgages when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Accord Mortgages