Co operative Bank Contractor Mortgages - Help and FAQs

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

What is the situation with contractor mortgages and Co operative Bank? I am a contractor but my hubby has a permanent job. Will Co operative Bank take my salary were we to make an application in both our names?

Does the CML Lender's Handbook set out the requirements for Co operative Bank when it comes to contractor mortgages or self-employed mortgages.

Myself and my fiance are currently about to apply for our first mortgage with Co operative Bank. However, after studying, I've just this month started working as a contractor, although I'm yet to register etc with HMRC. My fiance is full time employed as an accountant, and so does have a healthy incomefor us to put forward. I was hoping to get some advice on how my contractor status will affect us getting an application approved please?

How can I make myself more attractive to a lender such as Co operative Bank when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

Could a contractor mortgage with Co operative Bank be a better option for me than a traditional Co operative Bank mortgage ?

The content set out above is in relation to properties in England and Wales.

Find out how to order your redemption statement request from Co operative Bank

For CQS-Accredited firms, click here for a CQS Dealing with Lenders Policy