Vida Homeloans Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Vida Homeloans offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Vida Homeloans 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 problematic. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Vida Homeloans 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 Vida Homeloans when it comes to contractor mortgages or self-employed mortgages.

Going through the contractor mortgage process to move to a buy to let with a new bank. All paperwork completed and sent. Received a call from the lender to say they can't move forward with process unless my current manager issues a letter saying my contract will definitely get extended and when new end date will be. Any advice?

If I advise Vida Homeloans that I’m contracting, are they likely to charge me a higher rate on my mortgage?

Could a contractor mortgage with Vida Homeloans be a better option for me than a standard Vida Homeloans mortgage ?

The above information covers to properties in England and Wales.

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