Family Building Society Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Family Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Family Building Society 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 a media contractor, One year into a two contract. the chances of me being moved onto an employed basis are slim. My query is, will Family Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

As contractor looking for a mortgage with Family Building Society 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.

Myself and my husband are currently about to apply for a mortgage with Family Building Society. Next month I commence working as a contractor. My husband is full time employed and so does have a healthy salary. Is it going to be a case of just getting a non-contractor mortgage with Family Building Society in my husband’s name only?

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?

I have no idea if Family Building Society grant contractor mortgages but in the event that they do how does a Family Building Society contractor mortgage differ from a standard mortgage?

The above information is in relation to properties in England and Wales.

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