Clydesdale Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Clydesdale Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Clydesdale 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 finding the process of trying to obtain 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.
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 Clydesdale Bank when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
Notwithstanding that I am a contractor (IT consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Clydesdale Bank even grant mortgages to contactors ?
Is it correct that that as contractor I would need a significant deposit up to as much as 50 per cent to qualify for a mortgage with Clydesdale Bank.
The above information covers to properties in England and Wales.
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