Atom Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Atom Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Atom Bank 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 media contractor, 18 months into a three year contract. However, I'm unlikely to be moved onto a permanent contract until around June time. So I suppose my query is, will Atom Bank 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 four years (a finacial contractor). My contract begin date last year. I am seeking a 5 year fixed rate mortgage. Property worth 165K, I want to borrow 132K. I bought the property 3 years ago for £157,000 and I currently owe 115k to Atom Bank
For two years now I have been a self employed contractor. Mortgage options are being looked at but it's a minefield. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Atom Bank in his name using our joint deposit and for me to be added at a later date?
My wife and I are soon to submit for our first mortgage application with Atom Bank. Later this year I start working as a contractor. My wife is time employed as a surgeon and does have a healthy salary. Is it going to be a case of just getting a non-contractor mortgage with Atom Bank in my wife’s name only?
Is it correct that that as contractor I would require a huge deposit up to as much as 50 per cent to qualify for a mortgage with Atom Bank.
The content set out above is in relation to properties in England and Wales.
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