Hinckley and Rugby Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Hinckley and Rugby offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Hinckley and Rugby 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 broker concerning my remortgage because I have just won a fixed term contract of two years (a finacial contractor). My contract begin date last year. I am looking for a three year fixed rate mortgage. Property value 165K, I want to borrow 132K. I purchased the property 3 years ago for £157,000 and I currently owe 115k to Hinckley and Rugby
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 85k contractor mortgage with a lender such as Hinckley and Rugby?
Do any sections of the CML Lender's Handbook stipulate the requirements for Hinckley and Rugby when it comes to contractor mortgages or self-employed mortgages.
I am finding the process of trying to obtain a contractor mortgage extremely frustrating. There doesn't seem to be many lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
I understand that for some mortgage companies ‘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. I am particularly interested in a mortgage deal with Hinckley and Rugby
The content set out above is in relation to properties in England and Wales.
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