Co operative Bank Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Co operative Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Co operative Bank 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 before the end of my set term? Would this help my cause when applying for a mortgage with lend

What is the situation with contractor mortgages and Co operative Bank? I am a contractor but my hubby has a permanent job. Will Co operative Bank take my salary should we make an application in both our names?

Do any sections of the UK Finance Lender's Handbook set out the requirements for Co operative Bank when it comes to contractor mortgages or self-employed mortgages.

What criteria does a mortgage lender (for example Co operative Bank) adopt to class someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a company?

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?

The above information covers to properties in England and Wales.

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