Furness Building Society Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Furness Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Furness 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 have retained a broker concerning my remortgage because I am on a fixed term contract of four years (on a grad scheme). My contract started date last year. I am looking for a three year fixed rate mortgage. Property worth £200,000, I want to borrow 132K. I purchased the property three years ago for £157,000 and I currently owe 115k to Furness Building Society

I am an IT contractor looking to buy a home in Nottingham. My next step is to secure a mortgage preferably with Furness Building Society. Am I best advised to contact Furness Building Society directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and Furness Building Society.

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 125k contractor mortgage with a lender such as Furness Building Society?

Myself and my husband are currently about to apply for a mortgage with Furness 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 Furness Building Society in my husband’s sole name?

I am well aware that the days of self-certification contractor mortgages are a thing of the past. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. In particular I have my eye on a mortgage deal with Furness Building Society

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

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