Coutts & Co Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Coutts & Co offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Coutts & Co and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am a finacial contractor looking to buy a home in Bedford. My next step is to secure a mortgage preferably from Coutts & Co. Am I best advised to contact Coutts & Co directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and Coutts & Co.
Does the CML Lender's Handbook set out the requirements for Coutts & Co when it comes to contractor mortgages or self-employed mortgages.
What criteria does a mortgage lender (for example Coutts & Co) use to categorise a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?
Going through the contractor mortgage process to move to a buy to let with a new lender. All paperwork completed and sent. Received a call from the lender to say they can't move forward with process unless my current manager writes me a letter saying my contract will definitely be prolonged and when new end date will be. Any thoughts?
I'm an IT contractor, based on my accounts, my average net profit and director's salary is £45,000. I am looking to purchase a house in loc. What are the chances of borrowing 195k by way of a contractor mortgage with Broadstone
The above information covers to properties in England and Wales.
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