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.

I am a self employed contractor. Mortgage options are being looked at but its problematic. I have considered is whether I could get a letter from my company confirming I will be moved onto a permanent contract prior to the end of my set term? Would this assist in applying for a mortgage with lend

I am a finacial contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally with St James Place. Am I best advised to contact St James Place directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and St James Place.

As contractor looking for a mortgage with St James Place 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 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?

Is it correct that that as contractor I would require a huge deposit up to as much as 50 per cent to qualify for a mortgage with St James Place.

The content set out above is in relation to properties in England and Wales.

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