Better HomeOwnership Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Better HomeOwnership offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Better HomeOwnership and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
How can I make myself more attractive to a lender such as Better HomeOwnership when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
I am well aware that the days of self-certification contractor mortgages are long gone. 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 Better HomeOwnership
As a contractor (in the Oil & Gas industry) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Better HomeOwnership even grant mortgages to contactors ?
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 Better HomeOwnership.
Could a contractor mortgage with Better HomeOwnership be a better option for me than a traditional Better HomeOwnership mortgage ?
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Better HomeOwnership