Paragon Residential Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Paragon Residential offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Paragon Residential 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 on a grad scheme, One year into a two contract. However, I'm unlikely to be moved onto a permanent contract until around December time. So I suppose my question is, will Paragon Residential even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
As contractor looking for a mortgage with Paragon Residential 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 bank. All documents done and submitted. Received a call from the lender to say they can't move ahead with process unless my current manager writes me a letter confirming that my contract will definitely get extended and when new end date will be. Any advice?
I am finding the process of trying to obtain a contractor mortgage extremely frustrating. I can't seem to find any lenders who really understand my situation and the challenges faced being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
I'm a finacial contractor, according to my accounts, my average net profit and director's salary is £55,731. I am looking to purchase a house in loc. What are the chances of borrowing 180k via a contractor mortgage with Englefield Green
The content set out above is in relation to properties in England and Wales.
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