Market Harborough Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Market Harborough Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Market Harborough Building Society 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 concerning my remortgage because I am on a fixed term contract of two years (an engineering contractor). My contract started date this year. I am seeking a five year fixed rate mortgage. Property value £200,000, I want to borrow 132K. I purchased the property 3 years ago for £157,000 and I currently owe 120K to Market Harborough Building Society
I am finding the process of trying to obtain a contractor mortgage extremely frustrating. I can't seem to find any lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
How can I make myself more attractive to a lender such as Market Harborough Building Society when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
I understand that for some mortgage companies ‘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 Market Harborough Building Society
Is it true that Market Harborough Building Society quote higher interest rates when it comes to mortgages for contractors?
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