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 am seeking some mortgage advice. I am currently an IT contractor, One year into a three year contract. the chances of me being moved onto an employed basis are slim. My question is, will Furness Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I am a self employed 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 moved onto a permanent contract before the expiry of my set term? Would this help in applying for a mortgage with lend
What is the situation with contractor mortgages and Furness Building Society? I am a contractor but my hubby has a permanent job. Will Furness Building Society take my salary were we to make an application in both our names?
What criteria does a mortgage lender (for example Furness Building Society) use to class a borrower as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new mortgage company. All paperwork completed and sent. Received communication from the lender to say they can't move forward with process unless my current manager writes me a letter confirming that my contract will definitely be prolonged and when new end date will be. Any thoughts?
The above information covers to properties in England and Wales.
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