Atom Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Atom Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Atom Bank 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 75k contractor mortgage with a lender such as Atom Bank?
What criteria does a mortgage lender (for example Atom Bank) use to categorise a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a business?
I am well aware that the days of self-certification contractor mortgages are a thing of the past. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. I am particularly interested in a mortgage deal with Atom Bank
Is it correct that that as contractor I would require a significant deposit up to as much as 50 per cent to qualify for a mortgage with Atom Bank.
I don't know whether Atom Bank grant contractor mortgages but if they do how does a Atom Bank contractor mortgage differ from a traditional mortgage?
The content set out above covers to properties in England and Wales.
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