Halifax Loans Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Halifax Loans offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Halifax Loans 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 a mortgage adviser concerning my remortgage because I have just won a fixed term contract of four years (an IT contractor). My contract started date last year. I am seeking a five year fixed rate mortgage. Property value 165K, I want to borrow 132K. I bought the property 3 years ago for £220,500 and I currently owe 165k to Halifax Loans
What is current approach to contractor mortgages and Halifax Loans? I am a contractor but my husband has a permanent job. Will Halifax Loans take my salary if we make a joint application?
Myself and my husband are currently about to apply for a mortgage with Halifax Loans. Next month I commence working as a contractor. My husband is full time employed and so does have a healthy income. Is it going to be a case of just getting a non-contractor mortgage with Halifax Loans in my husband’s name only?
I understand that for some banks ‘contractors’ can be a red flag to their lending decision. 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 Halifax Loans
If I inform Halifax Loans that I’m contracting, will they charge me a higher rate on my home loan?
The content set out above is in relation to properties in England and Wales.
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