Whistletree Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Whistletree offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Whistletree and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am looking for some mortgage advice. I am currently a finacial contractor, One year into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around March time. So I suppose my query is, will Whistletree even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I am a finacial contractor looking to buy a home in Nottingham. My next step is to secure a mortgage preferably from Whistletree. Am I best advised to contact Whistletree directly or seek the help of a contractor specialist mortgage broker who focuses on dealing with contractors and Whistletree.
What criteria does a mortgage lender (for example Whistletree) use to categorise someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a company?
As contractor looking for a mortgage with Whistletree 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.
As a contractor (IT consultant) do I really need to supply at least six months of both business and personal bank statements as part of the vetting process for Whistletree.I am not convinced that my broker is correct.
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from Whistletree