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.
What criteria does a mortgage lender (for example Danske Bank) adopt to categorise someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a company?
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new mortgage company. All paperwork completed and sent. Received communication from the lender to say they can't move forward with process unless my current manager writes me a letter confirming that my contract will definitely be prolonged and when new end date will be. Any advice?
How can I make myself more attractive to a lender such as Danske Bank when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
As a contractor (HR consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Danske Bank even grant mortgages to contactors ?
I have no idea if Danske Bank are in the business of issuing contractor mortgages but in the event that they do how does a Danske Bank contractor mortgage differ from a traditional mortgage?
The content set out above is in relation to properties in England and Wales.
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