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 an engineering contractor looking to buy a home in London. My next step is to secure a mortgage ideally from NRAM Ltd. Would it be wise to contact NRAM Ltd directly or seek the help of a contractor specialist mortgage broker who is used to dealing with contractors and NRAM Ltd.
Does the CML Lender's Handbook stipulate the requirements for NRAM Ltd when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with NRAM Ltd 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.
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new mortgage company. All documents done and submitted. Received a call from the lender to say they can't move ahead with application unless my current manager writes me a letter saying my contract will definitely get extended and when new end date will be. Any advice?
I have no idea if NRAM Ltd grant contractor mortgages but if they do how does a NRAM Ltd contractor mortgage differ from a standard home loan?
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from NRAM Ltd