Nationwide Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Nationwide Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Nationwide Building Society 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 self employed contractor. Mortgage options are being looked at but its problematic. 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 expiry of my set term? Would this help in applying for a mortgage with lend
I am an IT contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally with Nationwide Building Society. Am I best advised to contact Nationwide Building Society directly or seek the help of a contractor specialist mortgage broker who focuses on dealing with contractors and Nationwide Building Society.
What criteria does a mortgage lender (for example Nationwide Building Society) adopt to class someone as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?
My wife and I are soon to submit for our first mortgage application with Nationwide Building Society. Later this year I start working as a contractor. My wife is time employed as an accountant and does have a meaningful income. Is it going to be a case of just getting a non-contractor mortgage with Nationwide Building Society in my wife’s sole name?
Even though I am a contractor (IT consultant) is it necessary for me to supply at least six months of both business and personal bank statements as part of the due diligence process for Nationwide Building Society.I am not convinced that my broker is correct.
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Nationwide Building Society