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 am a freelance contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company confirming I will be transferred onto a permanent contract before the expiry of my set term? Would this help my cause when applying for a mortgage with lend

What is the situation with contractor mortgages and Market Harborough Building Society? I am a contractor but my OH has a permanent job. Will Market Harborough Building Society take my salary should we make an application in both our names?

Myself and my fiance are currently about to apply for our first mortgage with Market Harborough Building Society. However, after studying, I've just this month started working as a contractor, although I'm yet to register etc with HMRC. My fiance is full time employed as an accountant, and so does have a healthy incomefor us to put forward. I was hoping to get some advice on how my contractor status will affect us getting an application approved please?

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 Market Harborough Building Society even grant mortgages to contactors ?

My research online suggests that mortgage lenders in the main consider contractors as high risk applicants; so demand 3 years’ accounts to substantiate mortgage affordability. In my case as a finacial contractor, this evidence is unlikely to paint an accurate picture of my income potential. Will a contractor-focused mortgage broker remove the hassle by maximising use of the expertise and contacts they have built up.

The content set out above is in relation to properties in England and Wales.

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