Rooftop Mortgages Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Rooftop Mortgages offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Rooftop Mortgages and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
As contractor looking for a mortgage with Rooftop Mortgages 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 Rooftop Mortgages. Later this year I start working as a contractor. My wife is time employed as an accountant and does have a six figure salary. Is it going to be a case of just getting a non-contractor mortgage with Rooftop Mortgages in my wife’s name alone?
How can I make myself more attractive to a lender such as Rooftop 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'm a finacial contractor, based on 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 195k by way of a contractor mortgage with Finedon
My research online suggests that banks and building societies generally view contractors as high risk applicants; so require 3 years’ accounts to validate mortgage affordability. In my case as an IT contractor, this evidence is unlikely to give an accurate picture of my income potential. Will a contractor-focused mortgage broker persuade lenders such as Rooftop Mortgages to offer funds on the more realistic basis of my contracted rate.
The above information covers to properties in England and Wales.
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