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 retained an IFA concerning my remortgage because I am on a fixed term contract of two years (on a grad scheme). My contract started date last year. I am seeking a 5 year fixed rate deal. Property worth 165K, I want to borrow 132K. I purchased the property three years ago for £157,000 and I currently owe 115k to Family Building Society
For two years now I have been a self employed contractor. Mortgage options are being looked at but it's problematic. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Family Building Society in his name using our joint deposit and for me to be added at a later date?
What is current approach to contractor mortgages and Family Building Society? I am a contractor but my husband has a permanent job. Will Family Building Society take my salary should we make an application in both our names?
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 95k contractor mortgage with a lender such as 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.
The content set out above covers to properties in England and Wales.
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