Hodge Equity Release Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Hodge Equity Release offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Hodge Equity Release 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 Hodge Equity Release? I am a contractor but my OH has a permanent job. Will Hodge Equity Release take my salary if 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 Hodge Equity Release?

Does the CML Lender's Handbook set out the requirements for Hodge Equity Release 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 bank. All documents done and sent. Received a call from the lender to say they can't move ahead with application unless my current manager writes me a letter saying my contract will definitely get extended and when new end date will be. Any thoughts?

Even though I am a contractor (HR consultant) do I really need to produce at least six months of both business and personal bank statements as part of the vetting process for Hodge Equity Release.I am not convinced that my broker is correct.

The content set out above is in relation to properties in England and Wales.

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