Hodge Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Hodge offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Hodge and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have been dealing with a mortgage adviser regarding my remortgage because I have just won a fixed term contract of two years (on a grad scheme). My contract started date earlier this year. I am looking for a 5 year fixed rate mortgage. Property worth £325k, I want to borrow £150,000. I purchased the property four years ago for £220,500 and I currently owe 120K to Hodge
Does the CML Lender's Handbook set out the requirements for Hodge 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 challenges faced being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?
I have no idea if Hodge grant contractor mortgages but in the event that they do how does a Hodge contractor mortgage differ from a traditional home loan?
The above information covers to properties in England and Wales.
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