Secure Trust Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Secure Trust Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Secure Trust Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have retained an IFA regarding my remortgage because I am on 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 last year. I am seeking a three year fixed rate mortgage. Property worth £200,000, I want to borrow £150,000. I bought the property four years ago for 138K and I currently owe 165k to Secure Trust Bank
Do any sections of the CML Lender's Handbook set out the requirements for Secure Trust Bank when it comes to contractor mortgages or self-employed mortgages.
Myself and my husband are currently about to apply for a mortgage with Secure Trust Bank. Next month I commence working as a contractor. My husband is full time employed and so does have a six figure income. Is it going to be a case of just getting a non-contractor mortgage with Secure Trust Bank in my husband’s sole name?
I'm an engineering contractor, according to my accounts, my average net profit and director's salary is £45,000. I am looking to purchase a house in loc. What are the chances of borrowing 165k by way of a contractor mortgage with Englefield Green
I have no idea if Secure Trust Bank grant contractor mortgages but in the event that they do how does a Secure Trust Bank contractor mortgage differ from a standard mortgage?
The content set out above is in relation to properties in England and Wales.
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