Foundation Home loans Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Foundation Home loans offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Foundation Home loans and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am looking for some mortgage advice. I am currently a finacial contractor, 12 months into a three year contract. However, I'm unlikely to be moved onto a permanent contract until around June time. So I suppose my query is, will Foundation Home loans even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What is current approach to contractor mortgages and Foundation Home loans? I am a contractor but my partner has a permanent job. Will Foundation Home loans take my salary were we to make an application in both our names?
I am an IT contractor looking to buy a home in London. My next step is to secure a mortgage preferably with Foundation Home loans. Should I contact Foundation Home loans directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and Foundation Home loans.
Does the CML Lender's Handbook stipulate the requirements for Foundation Home loans 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 lender. All paperwork completed and sent. Received communication from the lender to say they can't move forward with process unless my current manager writes me a letter confirming that my contract will definitely be prolonged and when new end date will be. Any advice?
The content set out above covers to properties in England and Wales.
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