Danske Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Danske Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Danske Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am looking for some mortgage advice. I am currently on a grad scheme, One year into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around May time. My query is, will Danske Bank even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have retained an IFA concerning my remortgage because I have just won a fixed term contract of four years (a finacial contractor). My contract begin date this year. I am looking for a three year fixed rate deal. Property value £325k, I want to borrow 132K. I purchased the property four years ago for 138K and I currently owe 115k to Danske Bank
What is current approach to contractor mortgages and Danske Bank? I am a contractor but my husband has a permanent job. Will Danske Bank take my salary should we make a joint application?
Going through the contractor mortgage process to move to a buy to let with a new lender. All documents done and sent. Received a call from the lender to say they can't move ahead with application unless my current manager writes me a letter confirming that my contract will definitely get extended and when new end date will be. Any thoughts?
I am finding the process of looking for a contractor mortgage very frustrating. There doesn't seem to be many lenders who really understand my situation and the challenges faced being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from Danske Bank