Monmouthshire Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Monmouthshire Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Monmouthshire 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 looking for some mortgage advice. I am currently on a grad scheme, One year into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around March time. My question is, will Monmouthshire Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have retained an IFA regarding my remortgage because I have just won a fixed term contract of 3 years (on a grad scheme). My contract begin date earlier this year. I am looking for a 5 year fixed rate deal. Property worth 165K, I want to borrow £150,000. I purchased the property three years ago for £157,000 and I currently owe 115k to Monmouthshire Building Society
Myself and my husband are currently about to apply for a mortgage with Monmouthshire Building Society. Next month I commence working as a contractor. My husband is full time employed and so does have a healthy income. Is it going to be a case of just getting a non-contractor mortgage with Monmouthshire Building Society in my husband’s name alone?
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?
How can I make myself more attractive to a lender such as Monmouthshire 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.
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from Monmouthshire Building Society