Britannia Contractor Mortgages - Help and FAQs

I am a self employed contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company confirming I will be transferred onto a permanent contract prior to the end of my set term? Would this assist in applying for a mortgage with lend

I am an engineering contractor looking to buy a home in Bedford. My next step is to secure a mortgage preferably from Britannia. Am I best advised to contact Britannia directly or seek the help of a contractor specialist mortgage broker who is used to dealing with contractors and Britannia.

Going through the contractor mortgage process to move to a buy to let with a new lender. All documents done and submitted. Received communication from the lender to say they can't move forward with process unless my current manager issues a letter saying my contract will definitely get extended and when new end date will be. Any advice?

My research online indicates that banks and building societies generally consider contractors as high risk applicants; so demand 3 years’ accounts to substantiate mortgage affordability. In my case as a finacial contractor, this evidence is unlikely to give an accurate picture of my income potential. Will a contractor-focused IFAs remove the hassle by making use of the expertise and contacts they have established.

I have no idea whether Britannia grant contractor mortgages but in the event that they do how does a Britannia contractor mortgage differ from a standard home loan?