Paragon Residential Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Paragon Residential offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Paragon Residential 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 Paragon Residential? I am a contractor but my partner has a permanent job. Will Paragon Residential take my salary should we make an application in both our names?

I am an IT contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally from Paragon Residential. Would it be wise to contact Paragon Residential directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and Paragon Residential.

I am finding the process of trying to obtain a contractor mortgage very frustrating. I can't seem to find any lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.

I'm a media contractor, according to my accounts, my average net profit and director's salary is £65,876. I am looking to purchase a house in loc. What are the chances of being able to borrow 165k by way of a contractor mortgage with Meliden

Could a contractor mortgage with Paragon Residential be a better option for me than a traditional Paragon Residential mortgage ?

The content set out above is in relation to properties in England and Wales.

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