Kent Reliance Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Kent Reliance offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Kent Reliance and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am seeking some mortgage advice. I am currently an IT contractor, 18 months into a two contract. However, I'm unlikely to be moved onto a permanent contract until around December time. So I suppose my query is, will Kent Reliance even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What is the situation with contractor mortgages and Kent Reliance? I am a contractor but my partner has a permanent job. Will Kent Reliance take my salary if we make a joint application?
Myself and my husband are currently about to apply for a mortgage with Kent Reliance. Next month I commence working as a contractor. My husband is full time employed and so does have a healthy salary. Is it going to be a case of just getting a non-contractor mortgage with Kent Reliance in my husband’s name only?
My research online indicates that banks and building societies generally consider contractors as high risk applicants; so require 3 years’ accounts to substantiate mortgage affordability. In my case as an engineering contractor, this evidence is unlikely to give an accurate picture of my income potential. Will a broker specialising in contractor mortgages remove the hassle by making use of the expertise and contacts they have built up.
I don't know whether Kent Reliance are in the business of issuing contractor mortgages but if they do how does a Kent Reliance contractor mortgage differ from a traditional mortgage?
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