Cynergy Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Cynergy Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Cynergy Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
For three years now I have been a self employed contractor. Mortgage options are being looked at but it's problematic. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Cynergy Bank in his name using our joint deposit and for me to be added at a later date?
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. In particular I have my eye on a mortgage deal with Cynergy Bank
Is it correct that Cynergy Bank quote higher interest rates in respect of mortgages for contractors?
I am lead to believe that banks and building societies mostly consider contractors as high risk applicants; so demand 3 years’ accounts to substantiate mortgage affordability. In my case as a finacial contractor, this evidence is unlikely to give an accurate picture of my income potential. Will a contractor-focused mortgage broker utilise bespoke underwriting with lenders such as Cynergy Bank.
I don't know whether Cynergy Bank grant contractor mortgages but if they do how does a Cynergy Bank contractor mortgage differ from a standard home loan?
The content set out above covers to properties in England and Wales.
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