Sainsbury's Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Sainsbury's Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Sainsbury's Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am a freelance contractor. Mortgage options are being looked at but its problematic. I have considered is whether I could get a letter from my company clarifying that I will be moved onto a permanent contract before the end of my set term? Would this help in applying for a mortgage with lend
What is current approach to contractor mortgages and Sainsbury's Bank? I am a contractor but my partner has a permanent job. Will Sainsbury's Bank take my salary were we to make an application in both our names?
As contractor looking for a mortgage with Sainsbury's Bank 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.
Myself and my fiance are currently about to apply for our first mortgage with Sainsbury's Bank. However, after studying, I've just this month started working as a contractor, although I'm yet to register etc with HMRC. My fiance is full time employed as an accountant, and so does have a good salaryfor us to put forward. I was hoping to get some advice on how my contractor status will affect us getting an application approved please?
Could a contractor mortgage with Sainsbury's Bank be a better option for me than a standard Sainsbury's Bank mortgage ?
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