Mortgage Express Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Mortgage Express offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Mortgage Express 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 a broker regarding my remortgage because I have just won a fixed term contract of four years (on a grad scheme). My contract started date last year. I am looking for a five year fixed rate deal. Property value £200,000, I want to borrow 132K. I bought the property three years ago for £157,000 and I currently owe 115k to Mortgage Express

What is current approach to contractor mortgages and Mortgage Express? I am a contractor but my partner has a permanent job. Will Mortgage Express take my salary if we make a joint application?

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

What criteria does a mortgage lender (for example Mortgage Express) adopt to categorise a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?

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 content set out above covers to properties in England and Wales.

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