Atom Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Atom Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Atom Bank 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 a broker regarding my remortgage because I am on a fixed term contract of four years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract started date earlier this year. I am looking for a 5 year fixed rate deal. Property worth £325k, I want to borrow 132K. I bought the property 3 years ago for £157,000 and I currently owe 115k to Atom Bank
What is the situation with contractor mortgages and Atom Bank? I am a contractor but my partner has a permanent job. Will Atom Bank take my salary should we make an application in both our names?
As contractor looking for a mortgage with Atom Bank 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.
My wife and I are soon to submit for our first mortgage application with Atom Bank. Later this year I start working as a contractor. My wife is time employed as a surgeon and does have a healthy income. Is it going to be a case of just getting a non-contractor mortgage with Atom Bank in my wife’s name only?
I am well aware that the days of self-certification contractor mortgages are long gone. 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 Atom Bank
The above information covers to properties in England and Wales.
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