New Street Mortgages Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether New Street Mortgages offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about New Street Mortgages and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
What is current approach to contractor mortgages and New Street Mortgages? I am a contractor but my partner has a permanent job. Will New Street Mortgages take my salary were we to make a joint application?
I am an engineering contractor looking to buy a home in Bedford. My next step is to secure a mortgage preferably from New Street Mortgages. Am I best advised to contact New Street Mortgages directly or seek the help of a contractor specialist mortgage broker who focuses on dealing with contractors and New Street Mortgages.
As contractor looking for a mortgage with New Street Mortgages 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.
How can I make myself more attractive to a lender such as New Street Mortgages when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
Were I to inform New Street Mortgages that I’m contracting, will they charge me a higher rate on my mortgage?
The content set out above is in relation to properties in England and Wales.
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