Fleet Mortgages Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Fleet Mortgages offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Fleet Mortgages and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

I have been dealing with a broker concerning my remortgage because I am on a fixed term contract of four years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract begin date this year. I am seeking a 5 year fixed rate mortgage. Property value £200,000, I want to borrow 132K. I purchased the property 3 years ago for £220,500 and I currently owe 165k to Fleet Mortgages

I am a freelance contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company confirming I will be transferred onto a permanent contract before the expiry of my set term? Would this assist in applying for a mortgage with lend

As contractor looking for a mortgage with Fleet Mortgages 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.

Going through the contractor mortgage process to move to a buy to let with a new lender. All documents done and sent. Received communication from the lender to say they can't move ahead with process unless my current manager writes me a letter saying my contract will definitely be prolonged and when new end date will be. Any thoughts?

Myself and my fiance are currently about to apply for our first mortgage with Fleet Mortgages. However, after studying, I've just this month started working as a contractor, although I'm yet to register etc with HMRC. My fiance is full time employed by the NHS as a doctor, and so does have a good incomefor us to put forward. I was hoping to get some advice on how my contractor status will affect us getting an application approved please?

The above information covers to properties in England and Wales.

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