Bradford & Bingley Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Bradford & Bingley offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Bradford & Bingley 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 an IFA 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 seeking a five year fixed rate deal. Property worth £200,000, I want to borrow 132K. I purchased the property four years ago for 138K and I currently owe 115k to Bradford & Bingley
What is current approach to contractor mortgages and Bradford & Bingley? I am a contractor but my hubby has a permanent job. Will Bradford & Bingley take my salary if we make a joint application?
As contractor looking for a mortgage with Bradford & Bingley 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.
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new bank. All paperwork completed and submitted. Received a call from the lender to say they can't move ahead with process unless my current manager issues a letter saying my contract will definitely be prolonged and when new end date will be. Any thoughts?
Notwithstanding that I am 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 Bradford & Bingley even grant mortgages to contactors ?
The content set out above is in relation to properties in England and Wales.
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