Capital Home Loans Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Capital Home Loans offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Capital Home Loans and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have retained a mortgage adviser regarding my remortgage because I have just won a fixed term contract of four years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract started date earlier this year. I am looking for a three year fixed rate deal. Property worth 165K, I want to borrow £150,000. I purchased the property four years ago for £157,000 and I currently owe 115k to Capital Home Loans
Going through the contractor mortgage process to move to a buy to let with a new bank. All documents done and sent. Received communication from the lender to say they can't move forward with application unless my current manager issues a letter saying my contract will definitely be prolonged and when new end date will be. Any advice?
Me and and my wife are soon to submit for our first mortgage application with Capital Home Loans. Later this year I start working as a contractor. My wife is time employed as a surgeon and does have a six figure income. Is it going to be a case of just getting a non-contractor mortgage with Capital Home Loans in my wife’s sole name?
I am finding the process of trying to obtain a contractor mortgage extremely frustrating. There doesn't seem to be many 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 understand that for some mortgage companies ‘contractors’ can be a red flag to their lending decision. 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 Capital Home Loans
The content set out above covers to properties in England and Wales.
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