Mortgage Express (No 2) Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Mortgage Express (No 2) offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Mortgage Express (No 2) and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am seeking some mortgage advice. I am currently a finacial contractor, 18 months into a two contract. However, I'm unlikely to be moved onto a permanent contract until around June time. So I suppose my query is, will Mortgage Express (No 2) even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
As contractor looking for a mortgage with Mortgage Express (No 2) 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.
Myself and my fiance are currently about to apply for our first mortgage with Mortgage Express (No 2). 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 by the NHS as a doctor, and so does have a good incomefor us to put forward. I was hoping to get some advice on how my contractor status will affect us getting an application approved please?
I am well aware that the days of self-certification contractor mortgages are a thing of the past. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. I am particularly interested in a mortgage deal with Mortgage Express (No 2)
Is it correct that that as contractor I would need a significant deposit up to as much as 50 per cent to qualify for a mortgage with Mortgage Express (No 2).
The content set out above is in relation to properties in England and Wales.
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