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?
Does the CML Lender's Handbook set out the requirements for DB UK Bank when it comes to contractor mortgages or self-employed mortgages.
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 over a particular percentage of a business?
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new bank. All documents done and submitted. Received a call from the lender to say they can't move forward with process unless my current manager writes me a letter saying my contract will definitely get extended and when new end date will be. Any advice?
Notwithstanding that I am a contractor (IT consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do DB UK Bank even grant mortgages to contactors ?
The above information is in relation to properties in England and Wales.
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