Generation Home Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Generation Home offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Generation Home and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
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 moved onto a permanent contract prior to the end of my set term? Would this help in applying for a mortgage with lend
Going through the contractor mortgage process to move to a buy to let with a new bank. All paperwork completed and sent. Received a call 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 get extended and when new end date will be. Any thoughts?
I am finding the process of looking for a contractor mortgage extremely frustrating. I can't seem to find any lenders who really understand my situation and the challenges faced being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
As a contractor (freelance journalist) is it necessary for me to supply at least six months of both business and personal bank statements as part of the vetting process for Generation Home.I am not convinced that my broker is correct.
Could a contractor mortgage with Generation Home be a better option for me than a standard Generation Home mortgage ?
The above information covers to properties in England and Wales.
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