Mortgage Express (No 2) Contractor Mortgages - Help and FAQs

I have retained an IFA concerning my remortgage because I am on a fixed term contract of 3 years (on a grad scheme). My contract started date this year. I am looking for a 5 year fixed rate mortgage. Property worth 165K, I want to borrow 132K. I purchased the property 3 years ago for £157,000 and I currently owe 165k to Mortgage Express (No 2)

For some 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 Mortgage Express (No 2) in his name using our joint deposit and for me to be added at a later date?

in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new lender. All paperwork completed and sent. Received a call from the lender to say they can't move ahead with application unless my current manager issues a letter confirming that my contract will definitely get extended and when new end date will be. Any thoughts?

I am finding the process of looking for a contractor mortgage extremely frustrating. There doesn't seem to be many lenders who really understand my situation and the challenges faced being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.

My research online suggests that banks and building societies mostly consider contractors as high risk applicants; so demand 3 years’ accounts to substantiate mortgage affordability. In my case as an engineering contractor, this evidence is unlikely to give an accurate picture of my income potential. Will a contractor-focused mortgage broker persuade lenders such as Mortgage Express (No 2) to offer funds on the more realistic basis of my contracted rate.