Holmesdale Building Society Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Holmesdale Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Holmesdale Building Society and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

For three years now I have been a self employed contractor. Mortgage options are being looked at but it's problematic. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Holmesdale Building Society in his name using our joint deposit and for me to be added at a later date?

Going through the contractor mortgage process to move to a buy to let with a new lender. All paperwork completed and sent. Received a call from the lender to say they can't move forward with application unless my current manager issues a letter confirming that my contract will definitely get extended and when new end date will be. Any thoughts?

My wife and I are soon to submit for our first mortgage application with Holmesdale Building Society. Later this year I start working as a contractor. My wife is time employed as a lawyer and does have a healthy income. Is it going to be a case of just getting a non-contractor mortgage with Holmesdale Building Society in my wife’s name alone?

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. I am particularly interested in a mortgage deal with Holmesdale Building Society

Is it correct that that as contractor I would need a huge deposit up to as much as 50 per cent to qualify for a mortgage with Holmesdale Building Society.

The above information is in relation to properties in England and Wales.

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