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 looking for some mortgage advice. I am currently a finacial contractor, One year into a 2 contract. the chances of me being moved onto an employed basis are slim. 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 have been dealing with a broker concerning my remortgage because I have just won a fixed term contract of two years (on a grad scheme). My contract begin date this year. I am seeking a three year fixed rate mortgage. Property worth 165K, I want to borrow 132K. I bought the property four years ago for £220,500 and I currently owe 165k to Yorkshire Building Society
Does the CML Lender's Handbook stipulate the requirements for Yorkshire Building Society when it comes to contractor mortgages or self-employed mortgages.
How can I make myself more attractive to a lender such as Yorkshire 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.
Notwithstanding that I am a contractor (in the Oil & Gas industry) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Yorkshire Building Society even grant mortgages to contactors ?
The content set out above is in relation to properties in England and Wales.
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