Masthaven Bank Contractor Mortgages - Help and FAQs

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

I am an IT contractor looking to buy a home in Nottingham. My next step is to secure a mortgage preferably from Masthaven Bank. Am I best advised to contact Masthaven Bank directly or seek the services of a contractor specialist mortgage broker who focuses on dealing with contractors and Masthaven Bank.

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 125k contractor mortgage with a lender such as Masthaven Bank?

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 ahead with process unless my current manager issues a letter confirming that my contract will definitely get extended and when new end date will be. Any thoughts?

Myself and my fiance are currently about to apply for our first mortgage with Masthaven Bank. 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 a lawyer, 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?

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?

The above information covers to properties in England and Wales.

Find out how to order your redemption statement request from Masthaven Bank

For CQS-Accredited firms, click here for a CQS Dealing with Lenders Policy