Chelsea Building Society Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Chelsea Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Chelsea Building Society and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

What is current approach to contractor mortgages and Chelsea Building Society? I am a contractor but my husband has a permanent job. Will Chelsea Building Society take my salary if we make an application in both our names?

As contractor looking for a mortgage with Chelsea Building Society 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.

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.

How can I make myself more attractive to a lender such as Chelsea Building Society 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 media contractor, according to my accounts, my average net profit and director's salary is £65,876. I am looking to purchase a house in loc. What are the chances of borrowing 195k by way of a contractor mortgage with Finedon

The above information is in relation to properties in England and Wales.

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