DB UK Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether DB UK Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about DB UK 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 current approach to contractor mortgages and DB UK Bank? I am a contractor but my husband has a permanent job. Will DB UK 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 bank. All documents done and sent. Received a call from the lender to say they can't move forward with application unless my current manager issues a letter saying my contract will definitely get extended and when new end date will be. Any thoughts?
Me and and my wife are soon to submit for our first mortgage application with DB UK Bank. Later this year I start working as a contractor. My wife is time employed as a lawyer and does have a six figure salary. Is it going to be a case of just getting a non-contractor mortgage with DB UK Bank in my wife’s name alone?
I understand that for some banks ‘contractors’ can be a red flag to their lending decision. 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 DB UK Bank
Is it correct that that as contractor I would need a huge deposit up to as much as 50 per cent to qualify for a mortgage with DB UK Bank.
The above information is in relation to properties in England and Wales.
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