Yorkshire Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Yorkshire Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Yorkshire 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. However, I'm unlikely to be moved onto a permanent contract until around May time. So I suppose my query is, will Yorkshire Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I am an engineering contractor looking to buy a home in London. My next step is to secure a mortgage ideally with Yorkshire Building Society. Should I contact Yorkshire Building Society directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and Yorkshire Building Society.
What criteria does a mortgage lender (for example Yorkshire Building Society) adopt to class a borrower as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new lender. All paperwork completed and sent. Received communication from the lender to say they can't move forward with application unless my current manager writes me a letter confirming that my contract will definitely be prolonged and when new end date will be. Any advice?
Myself and my husband are currently about to apply for a mortgage with Yorkshire Building Society. Next month I commence working as a contractor. My husband is full time employed and so does have a meaningful salary. Is it going to be a case of just getting a non-contractor mortgage with Yorkshire Building Society in my husband’s name only?
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Yorkshire Building Society