Darlington Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Darlington Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Darlington Building Society and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have retained a broker regarding my remortgage because I am on a fixed term contract of four years (an IT contractor). My contract begin date earlier this year. I am looking for a 5 year fixed rate mortgage. Property value 165K, I want to borrow 132K. I bought the property three years ago for £157,000 and I currently owe 120K to Darlington Building Society
What is the situation with contractor mortgages and Darlington Building Society? I am a contractor but my hubby has a permanent job. Will Darlington Building Society take my salary if we make a joint application?
I’m in a bit of an onerous situation in as much as I and my partner are both self-employed (contractors) without any great accounts to show, although things are on the up I hope for this to change shortly. Basically my question for you is how hard would it be to get a 95k contractor mortgage with a lender such as Darlington Building Society?
I am finding the process of trying to obtain a contractor mortgage extremely frustrating. I can't seem to find any 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.
Even though I am a contractor (IT consultant) do I really need to produce at least six months of both business and personal bank statements as part of the due diligence process for Darlington Building Society.I am not convinced that my broker is correct.
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Darlington Building Society