Adam & Company Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Adam & Company offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Adam & Company and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am an engineering contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally with Adam & Company. Would it be wise to contact Adam & Company directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and Adam & Company.
Going through the contractor mortgage process to move to a buy to let with a new lender. All documents done and submitted. Received communication from the lender to say they can't move forward with application unless my current manager writes me a letter saying my contract will definitely be prolonged and when new end date will be. Any advice?
As a contractor (IT consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Adam & Company even grant mortgages to contactors ?
I'm an engineering contractor, based on my accounts, my average net profit and director's salary is £65,876. I am looking to purchase a house in loc. What are the chances of borrowing 195k via a contractor mortgage with Meliden
I am lead to believe that banks and building societies mostly consider contractors as high risk applicants; so demand 3 years’ accounts to validate mortgage affordability. In my case as an IT contractor, this evidence is unlikely to reflect an accurate picture of my income potential. Will a broker specialising in contractor mortgages utilise bespoke underwriting with lenders such as Adam & Company.
The content set out above is in relation to properties in England and Wales.
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