Barnsley Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Barnsley Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Barnsley 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 have been dealing with a broker regarding my remortgage because I have just won a fixed term contract of four years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract started date last year. I am looking for a five year fixed rate deal. Property worth £200,000, I want to borrow £150,000. I purchased the property three years ago for £157,000 and I currently owe 115k to Barnsley Building Society
What is current approach to contractor mortgages and Barnsley Building Society? I am a contractor but my OH has a permanent job. Will Barnsley Building Society take my salary should we make an application in both our names?
As contractor looking for a mortgage with Barnsley Building Society 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.
I am finding the process of looking for a contractor mortgage very frustrating. I can't seem to find any lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
I'm an IT 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 being able to borrow 180k via a contractor mortgage with Meliden
The above information is in relation to properties in England and Wales.
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