Dudley Building Society Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Dudley Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Dudley 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 am a freelance contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company confirming I will be transferred onto a permanent contract prior to the end of my set term? Would this assist in applying for a mortgage with lend

I am an engineering contractor looking to buy a home in Bedford. My next step is to secure a mortgage preferably from Dudley Building Society. Would it be wise to contact Dudley Building Society directly or seek the help of a contractor specialist mortgage broker who focuses on dealing with contractors and Dudley Building Society.

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 125k contractor mortgage with a lender such as Dudley Building Society?

What criteria does a mortgage lender (for example Dudley Building Society) adopt to categorise a borrower as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?

Myself and my fiance are currently about to apply for our first mortgage with Dudley Building Society. However, after studying, I've just this month started working as a contractor, although I'm yet to register etc with HMRC. My fiance is full time employed by the NHS as a doctor, and so does have a good salaryfor us to put forward. I was hoping to get some advice on how my contractor status will affect us getting an application approved please?

The content set out above is in relation to properties in England and Wales.

Find out how to order your redemption statement request from Dudley Building Society

For CQS-Accredited firms, click here for a CQS Dealing with Lenders Policy