National Westminster Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether National Westminster Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about National Westminster Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
What is current approach to contractor mortgages and National Westminster Bank? I am a contractor but my husband has a permanent job. Will National Westminster Bank take my salary if we make an application in both our names?
As contractor looking for a mortgage with National Westminster Bank 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.
My wife and I are soon to submit for our first mortgage application with National Westminster Bank. Later this year I start working as a contractor. My wife is time employed as a lawyer and does have a healthy income. Is it going to be a case of just getting a non-contractor mortgage with National Westminster Bank in my wife’s sole name?
I am finding the process of looking for a contractor mortgage very frustrating. There doesn't seem to be many lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
Notwithstanding that I am a contractor (freelance journalist) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do National Westminster Bank even grant mortgages to contactors ?
The content set out above is in relation to properties in England and Wales.
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