The Mortgage Business Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether The Mortgage Business offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about The Mortgage Business and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
What is current approach to contractor mortgages and The Mortgage Business? I am a contractor but my partner has a permanent job. Will The Mortgage Business take my salary should we make a joint application?
I am a media contractor looking to buy a home in Bedford. My next step is to secure a mortgage ideally from The Mortgage Business. Should I contact The Mortgage Business directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and The Mortgage Business.
I’m in a bit of an onerous situation in as much as I and my partner are both self-employed (contractors) without any great accounts to show, although things are on the up I hope for this to change shortly. Basically my question for you is how hard would it be to get a 125k contractor mortgage with a lender such as The Mortgage Business?
Me and and my wife are soon to submit for our first mortgage application with The Mortgage Business. Later this year I start working as a contractor. My wife is time employed as an accountant and does have a six figure income. Is it going to be a case of just getting a non-contractor mortgage with The Mortgage Business in my wife’s sole name?
As a contractor (freelance journalist) do I really need to produce at least six months of both business and personal bank statements as part of the due diligence process for The Mortgage Business.I am not convinced that my broker is correct.
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from The Mortgage Business