Family Building Society Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Family Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Family 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 have been dealing with an IFA concerning my remortgage because I am on a fixed term contract of 3 years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract started date last year. I am seeking a 5 year fixed rate deal. Property worth 165K, I want to borrow 132K. I bought the property 3 years ago for £157,000 and I currently owe 165k to Family Building Society

I am a media contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally with Family Building Society. Should I contact Family Building Society directly or seek the help of a contractor specialist mortgage broker who focuses on dealing with contractors and Family Building Society.

Do any sections of the CML Lender's Handbook set out the requirements for Family Building Society when it comes to contractor mortgages or self-employed mortgages.

in the throws of proceeding 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 ahead with process unless my current manager issues a letter saying my contract will definitely get extended and when new end date will be. Any thoughts?

I have no idea whether Family Building Society grant contractor mortgages but in the event that they do how does a Family Building Society contractor mortgage differ from a standard mortgage?

The above information is in relation to properties in England and Wales.

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