Whistletree Contractor Mortgages - Help and FAQs

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

I am seeking some mortgage advice. I am currently a finacial contractor, 12 months into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around May time. So I suppose my query is, will Whistletree even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I have been dealing with an IFA concerning my remortgage because I have just won a fixed term contract of four years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract started date earlier this year. I am looking for a 5 year fixed rate deal. Property value £325k, I want to borrow 132K. I purchased the property 3 years ago for £220,500 and I currently owe 165k to Whistletree

I am a media contractor looking to buy a home in Bedford. My next step is to secure a mortgage preferably from Whistletree. Should I contact Whistletree directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and Whistletree.

I understand that for some lenders ‘contractors’ can be a red flag to their lending decision. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. In particular I have my eye on a mortgage deal with Whistletree

I have no idea if Whistletree grant contractor mortgages but in the event that they do how does a Whistletree contractor mortgage differ from a traditional mortgage?

The above information covers to properties in England and Wales.

Find out how to order your redemption statement request from Whistletree

For CQS-Accredited firms, click here for a CQS Dealing with Lenders Policy