Accord Mortgages Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Accord Mortgages offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Accord Mortgages 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 125k contractor mortgage with a lender such as Accord Mortgages?
Do any sections of the CML Lender's Handbook stipulate the requirements for Accord Mortgages when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with Accord Mortgages 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 lender. All paperwork completed and submitted. Received communication from the lender to say they can't move forward with process unless my current manager writes me a letter confirming that my contract will definitely get extended and when new end date will be. Any thoughts?
As a contractor (HR consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Accord Mortgages even grant mortgages to contactors ?
The above information covers to properties in England and Wales.
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