Mortgage Agency Services Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Mortgage Agency Services offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Mortgage Agency Services 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 (on a grad scheme). My contract begin date this year. I am seeking a five year fixed rate deal. Property worth £325k, I want to borrow £150,000. I bought the property 3 years ago for £157,000 and I currently owe 115k to Mortgage Agency Services

What is current approach to contractor mortgages and Mortgage Agency Services? I am a contractor but my husband has a permanent job. Will Mortgage Agency Services take my salary were we to make an application in both our names?

As contractor looking for a mortgage with Mortgage Agency Services will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.

How can I make myself more attractive to a lender such as Mortgage Agency Services when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

I am well aware that the days of self-certification contractor mortgages are long gone. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. In particular I have my eye on a mortgage deal with Mortgage Agency Services

The above information covers to properties in England and Wales.

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