NRAM Ltd Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether NRAM Ltd offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about NRAM Ltd 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 May time. My question is, will NRAM Ltd even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I am an engineering contractor looking to buy a home in Bedford. My next step is to secure a mortgage preferably from NRAM Ltd. Would it be wise to contact NRAM Ltd directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and NRAM Ltd.

I am finding the process of looking for a contractor mortgage extremely frustrating. I can't seem to find any 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.

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

I'm a media contractor, based on my accounts, my average net profit and director's salary is £65,876. I am looking to purchase a house in loc. What are the chances of borrowing 180k via a contractor mortgage with Englefield Green

The above information is in relation to properties in England and Wales.

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