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 retained a mortgage adviser regarding my remortgage because I have just won a fixed term contract of four years (a media contractor). My contract begin date earlier this year. I am looking for a five year fixed rate mortgage. Property worth £200,000, I want to borrow £150,000. I purchased the property four years ago for 138K and I currently owe 120K to Barnsley Building Society
My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?
How can I make myself more attractive to a lender such as Barnsley 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.
I understand that for some mortgage companies ‘contractors’ can be a red flag to their lending decision. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. In particular I have my eye on a mortgage deal with Barnsley Building Society
Were I to inform Barnsley Building Society that I’m contracting, will they charge me a higher rate on my home loan?
The content set out above is in relation to properties in England and Wales.
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