Accord Buy to Let Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Accord Buy to Let offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Accord Buy to Let and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have been dealing with a broker regarding my remortgage because I am on a fixed term contract of two years (on a grad scheme). My contract started date earlier this year. I am looking for a five year fixed rate deal. Property value £200,000, I want to borrow 132K. I purchased the property three years ago for 138K and I currently owe 120K to Accord Buy to Let
Does the CML Lender's Handbook set out the requirements for Accord Buy to Let when it comes to contractor mortgages or self-employed mortgages.
Going through the contractor mortgage process to move to a buy to let with a new lender. All documents done and submitted. Received communication from the lender to say they can't move forward with application unless my current manager writes me a letter confirming that my contract will definitely get extended and when new end date will be. Any advice?
How can I make myself more attractive to a lender such as Accord Buy to Let when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
I'm a finacial contractor, based on my accounts, my average net profit and director's salary is £45,000. I am looking to purchase a house in loc. What are the chances of being able to borrow 180k by way of a contractor mortgage with Finedon
The content set out above is in relation to properties in England and Wales.
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