Co operative Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Co operative Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Co operative 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 looking for some mortgage advice. I am currently a media contractor, 18 months into a two contract. the chances of me being moved onto a permanent contract are slim. My question is, will Co operative Bank even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What is current approach to contractor mortgages and Co operative Bank? I am a contractor but my OH has a permanent job. Will Co operative Bank take my salary if we make a joint application?
What criteria does a mortgage lender (for example Co operative Bank) use to class someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?
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?
Notwithstanding that I am a contractor (freelance journalist) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Co operative Bank even grant mortgages to contactors ?
The above information is in relation to properties in England and Wales.
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