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.

For some years now I have been a self employed contractor. Mortgage options are being looked at but it's a minefield. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Family Building Society in his name using our joint deposit and for me to be added at a later date?

What is current approach to contractor mortgages and Family Building Society? I am a contractor but my partner has a permanent job. Will Family Building Society take my salary should we make a joint application?

I’m in a bit of an onerous situation in as much as I and my partner are both self-employed (contractors) without any great accounts to show, although things are on the up I hope for this to change shortly. Basically my question for you is how hard would it be to get a 75k contractor mortgage with a lender such as Family Building Society?

What criteria does a mortgage lender (for example Family Building Society) 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?

I'm an IT contractor, based on my accounts, my average net profit and director's salary is £45,000. I am looking to purchase a house in loc. What are the chances of borrowing 165k via a contractor mortgage with Finedon

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

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