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 have been dealing with an IFA regarding my remortgage because I have just won a fixed term contract of four years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract begin date this year. I am seeking a three year fixed rate deal. Property value £200,000, I want to borrow 132K. I bought the property 3 years ago for £220,500 and I currently owe 115k to Masthaven Bank
What is current approach to contractor mortgages and Masthaven Bank? I am a contractor but my partner has a permanent job. Will Masthaven Bank take my salary were we to make a joint application?
Going through the contractor mortgage process to move to a buy to let with a new bank. All documents done and sent. Received a call from the lender to say they can't move ahead with process unless my current manager writes me a letter saying my contract will definitely be prolonged and when new end date will be. Any advice?
How can I make myself more attractive to a lender such as Masthaven Bank when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
Could a contractor mortgage with Masthaven Bank be a better option for me than a traditional Masthaven Bank mortgage ?
The content set out above covers to properties in England and Wales.
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