Birmingham Midshires Contractor Mortgages - Help and FAQs

I am a finacial contractor looking to buy a home in Nottingham. My next step is to secure a mortgage preferably from Birmingham Midshires. Am I best advised to contact Birmingham Midshires directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and Birmingham Midshires.

Myself and my husband are currently about to apply for a mortgage with Birmingham Midshires. Next month I commence working as a contractor. My husband is full time employed and so does have a healthy salary. Is it going to be a case of just getting a non-contractor mortgage with Birmingham Midshires in my husband’s sole name?

I am finding the process of looking for a contractor mortgage extremely frustrating. I can't seem to find any lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.

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 Birmingham Midshires

I am lead to believe that banks and building societies generally consider contractors as high risk applicants; so require 3 years’ accounts to substantiate mortgage affordability. In my case as an IT contractor, this evidence is unlikely to reflect an accurate picture of my income potential. Will a contractor-focused IFAs persuade lenders such as Birmingham Midshires to offer funds on the more realistic basis of my contracted rate.