Landbay Partners Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Landbay Partners offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Landbay Partners and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
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 Landbay Partners?
What criteria does a mortgage lender (for example Landbay Partners) adopt to categorise someone as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?
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?
As a contractor (HR consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Landbay Partners even grant mortgages to contactors ?
I'm an IT contractor, according to my accounts, my average net profit and director's salary is £45,000. I am looking to purchase a house in loc. What are the chances of borrowing 180k by way of a contractor mortgage with Finedon
The above information covers to properties in England and Wales.
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