Metro Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Metro Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Metro 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 Oil & Gas contractor looking to buy a home in London. My next step is to secure a mortgage ideally with Metro Bank. Should I contact Metro Bank directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and Metro Bank.
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new bank. All paperwork completed and submitted. Received communication from the lender to say they can't move forward with application 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 Metro 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 an accountant, and so does have a healthy salaryfor us to put forward. I was hoping to get some advice on how my contractor status will affect us getting an application approved please?
How can I make myself more attractive to a lender such as Metro Bank when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
I'm an engineering contractor, according to my accounts, my average net profit and director's salary is £65,876. I am looking to purchase a house in loc. What are the chances of borrowing 195k by way of a contractor mortgage with Englefield Green
The above information is in relation to properties in England and Wales.
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