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.
I am looking for some mortgage advice. I am currently on a grad scheme, 18 months into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around June time. My query is, will DB UK Bank even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
For three years now I have been a self employed contractor. Mortgage options are being looked at but it's a minefield. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with DB UK Bank in his name using our joint deposit and for me to be added at a later date?
What criteria does a mortgage lender (for example DB UK Bank) adopt to class someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a company?
Going through the contractor mortgage process to move to a buy to let with a new mortgage company. All paperwork completed and submitted. Received communication from the lender to say they can't move forward with application unless my current manager issues a letter saying my contract will definitely be prolonged and when new end date will be. Any advice?
Myself and my husband are currently about to apply for a mortgage with DB UK Bank. Next month I commence working as a contractor. My husband is full time employed and so does have a meaningful income. Is it going to be a case of just getting a non-contractor mortgage with DB UK Bank in my husband’s name only?
The above information covers to properties in England and Wales.
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