Rely Mortgages Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Rely Mortgages offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Rely Mortgages and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have been dealing with a broker concerning my remortgage because I have just won a fixed term contract of 3 years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract started date earlier this year. I am looking for a three year fixed rate mortgage. Property worth 165K, I want to borrow 132K. I bought the property 3 years ago for £220,500 and I currently owe 165k to Rely Mortgages
Does the CML Lender's Handbook stipulate the requirements for Rely Mortgages when it comes to contractor mortgages or self-employed mortgages.
My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?
How can I make myself more attractive to a lender such as Rely Mortgages when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
I don't know if Rely Mortgages are in the business of issuing contractor mortgages but if they do how does a Rely Mortgages contractor mortgage differ from a traditional mortgage?
The above information covers to properties in England and Wales.
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