First Direct Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether First Direct offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about First Direct and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
What is current approach to contractor mortgages and First Direct? I am a contractor but my OH has a permanent job. Will First Direct take my salary should we make an application in both our names?
I am a finacial contractor looking to buy a home in Bedford. My next step is to secure a mortgage preferably with First Direct. Should I contact First Direct directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and First Direct.
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 95k contractor mortgage with a lender such as First Direct?
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?
Even though I am a contractor (freelance journalist) do I really need to produce at least six months of both business and personal bank statements as part of the due diligence process for First Direct.I am not convinced that my broker is correct.
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from First Direct