Halifax Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Halifax offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Halifax 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 on a grad scheme, One year into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around March time. So I suppose my question is, will Halifax even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have been dealing with a broker concerning my remortgage because I am on a fixed term contract of four years (a media contractor). My contract started date earlier this year. I am looking for a 5 year fixed rate deal. Property worth 165K, I want to borrow £150,000. I bought the property three years ago for 138K and I currently owe 165k to Halifax
I am a finacial contractor looking to buy a home in Bedford. My next step is to secure a mortgage preferably from Halifax. Am I best advised to contact Halifax directly or seek the services of a contractor specialist mortgage broker who focuses on dealing with contractors and Halifax.
As contractor looking for a mortgage with Halifax 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.
Going through the contractor mortgage process to move to a buy to let with a new mortgage company. All documents done and sent. Received communication from the lender to say they can't move ahead with process unless my current manager writes me a letter saying my contract will definitely be prolonged and when new end date will be. Any thoughts?
The above information covers to properties in England and Wales.
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