Gen H Contractor Mortgages - Help and FAQs

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

I am looking for some mortgage advice. I am currently an IT contractor, 18 months into a 2 contract. the chances of me being moved onto an employed basis are slim. So I suppose my query is, will Gen H 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 transferred onto a permanent contract prior to the end of my set term? Would this assist my cause when applying for a mortgage with lend

I am an IT contractor looking to buy a home in Bedford. My next step is to secure a mortgage ideally from Gen H. Am I best advised to contact Gen H directly or seek the help of a contractor specialist mortgage broker who is used to dealing with contractors and Gen H.

How can I make myself more attractive to a lender such as Gen H when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

Could a contractor mortgage with Gen H be a better option for me than a standard Gen H mortgage ?

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

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