St James Place Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether St James Place offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about St James Place and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
For three years now I have been a self employed contractor. Mortgage options are being looked at but it's a minefield. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with St James Place in his name using our joint deposit and for me to be added at a later date?
Do any sections of the CML Lender's Handbook set out the requirements for St James Place when it comes to contractor mortgages or self-employed mortgages.
I am finding the process of trying to obtain a contractor mortgage very frustrating. There doesn't seem to be many lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
Notwithstanding that I am a contractor (IT consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do St James Place even grant mortgages to contactors ?
Is it true that St James Place quote higher interest rates in respect of mortgages for contractors?
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from St James Place