Progressive BS Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Progressive BS offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Progressive BS and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

I’m in a bit of an onerous situation in as much as I and my partner are both self-employed (contractors) without any great accounts to show, although things are on the up I hope for this to change shortly. Basically my question for you is how hard would it be to get a 95k contractor mortgage with a lender such as Progressive BS?

I am finding the process of looking for a contractor mortgage very frustrating. There doesn't seem to be many 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.

My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?

How can I make myself more attractive to a lender such as Progressive BS when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

I have no idea whether Progressive BS grant contractor mortgages but in the event that they do how does a Progressive BS contractor mortgage differ from a traditional home loan?

The above information is in relation to properties in England and Wales.

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