Danske Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Danske Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Danske 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 seeking some mortgage advice. I am currently on a grad scheme, One year into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around March time. So I suppose my query is, will Danske Bank even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have retained a mortgage adviser concerning 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 three year fixed rate deal. Property value £200,000, I want to borrow £150,000. I bought the property three years ago for £157,000 and I currently owe 120K to Danske Bank
Does the CML Lender's Handbook stipulate the requirements for Danske Bank when it comes to contractor mortgages or self-employed mortgages.
My wife and I are soon to submit for our first mortgage application with Danske Bank. Later this year I start working as a contractor. My wife is time employed as a lawyer and does have a meaningful salary. Is it going to be a case of just getting a non-contractor mortgage with Danske Bank in my wife’s sole name?
Even though I am a contractor (HR consultant) is it necessary for me to supply at least six months of both business and personal bank statements as part of the due diligence process for Danske Bank.I am not convinced that my broker is correct.
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Danske Bank