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 seeking some mortgage advice. I am currently a media 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 Adam & Company even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have been dealing with an IFA regarding my remortgage because I am on a fixed term contract of 3 years (on a grad scheme). My contract begin date last year. I am looking for a five year fixed rate deal. Property value £200,000, I want to borrow 132K. I purchased the property four years ago for 138K and I currently owe 165k to Adam & Company
I am a finacial contractor looking to buy a home in London. My next step is to secure a mortgage ideally with Adam & Company. Should I contact Adam & Company directly or seek the services of a contractor specialist mortgage broker who focuses on dealing with contractors and Adam & Company.
What criteria does a mortgage lender (for example Adam & Company) use to categorise someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?
As contractor looking for a mortgage with Adam & Company 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.
The content set out above is in relation to properties in England and Wales.
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