Hodge Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Hodge offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Hodge and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am seeking some mortgage advice. I am currently on a grad scheme, 18 months into a three year contract. the chances of me being moved onto an employed basis are slim. So I suppose my question is, will Hodge even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
For two years now I have been a self employed contractor. Mortgage options are being looked at but it's problematic. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Hodge in his name using our joint deposit and for me to be added at a later date?
As contractor looking for a mortgage with Hodge 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.
Even though I am a contractor (freelance journalist) is it necessary for me to produce at least six months of both business and personal bank statements as part of the due diligence process for Hodge.I am not convinced that my broker is correct.
Were I to tell Hodge that I’m contracting, will they charge me a higher rate on my home loan?
The content set out above covers to properties in England and Wales.
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