First Direct Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether First Direct offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about First Direct 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 First Direct? I am a contractor but my OH has a permanent job. Will First Direct take my salary were we to make a joint application?
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 First Direct?
Going through the contractor mortgage process to move to a buy to let with a new bank. All paperwork completed and submitted. Received communication from the lender to say they can't move forward with application unless my current manager issues a letter saying my contract will definitely be prolonged and when new end date will be. Any thoughts?
Myself and my fiance are currently about to apply for our first mortgage with First Direct. 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 as a lawyer, and so does have a healthy 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?
I am well aware that the days of self-certification contractor mortgages are long gone. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. In particular I have my eye on a mortgage deal with First Direct
The content set out above is in relation to properties in England and Wales.
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