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.
What is the situation with contractor mortgages and Dudley Building Society? I am a contractor but my partner has a permanent job. Will Dudley Building Society take my salary should we make a joint application?
I am Oil & Gas contractor looking to buy a home in Bedford. My next step is to secure a mortgage preferably with Dudley Building Society. Would it be wise to contact Dudley Building Society directly or seek the services of a contractor specialist mortgage broker who focuses on dealing with contractors and Dudley Building Society.
My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?
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 Dudley Building Society.
I am lead to believe that banks and building societies mostly view contractors as high risk applicants; so require 3 years’ accounts to substantiate mortgage affordability. In my case as a media contractor, this evidence is unlikely to reflect an accurate picture of my income potential. Will a broker specialising in contractor mortgages utilise bespoke underwriting with lenders such as Dudley Building Society.
The content set out above is in relation to properties in England and Wales.
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