Swansea Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Swansea Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Swansea Building Society and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am seeking some mortgage advice. I am currently on a grad scheme, One year into a 2 contract. the chances of me being moved onto a permanent contract are slim. My question is, will Swansea Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What is current approach to contractor mortgages and Swansea Building Society? I am a contractor but my husband has a permanent job. Will Swansea Building Society take my salary were we to make an application in both our names?
As contractor looking for a mortgage with Swansea Building Society 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.
Were I to inform Swansea Building Society that I’m contracting, will they charge me a higher rate on my mortgage?
I have no idea whether Swansea Building Society grant contractor mortgages but if they do how does a Swansea Building Society contractor mortgage differ from a traditional home loan?
The above information covers to properties in England and Wales.
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