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 have retained an IFA regarding my remortgage because I have just won a fixed term contract of 3 years (an engineering contractor). My contract begin date last year. I am seeking a three year fixed rate mortgage. Property value 165K, I want to borrow £150,000. I bought the property four years ago for £157,000 and I currently owe 120K to Swansea Building Society

For three years now I have been a self employed contractor. Mortgage options are being looked at but it's problematic. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Swansea Building Society in his name using our joint deposit and for me to be added at a later date?

How can I make myself more attractive to a lender such as Swansea Building Society when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

I am well aware that the days of self-certification contractor mortgages are a thing of the past. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. I am particularly interested in a mortgage deal with Swansea Building Society

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 mortgage?

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

Find out how to order your redemption statement request from Swansea Building Society

For CQS-Accredited firms, click here for a CQS Dealing with Lenders Policy