Hodge Equity Release Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Hodge Equity Release offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Hodge Equity Release 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 regarding my remortgage because I am on a fixed term contract of four years (on a grad scheme). My contract begin date this year. I am seeking a three year fixed rate mortgage. Property value £200,000, I want to borrow 132K. I purchased the property four years ago for 138K and I currently owe 115k to Hodge Equity Release

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 Hodge Equity Release?

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

I am well aware that the days of self-certification contractor mortgages are long gone. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. I am particularly interested in a mortgage deal with Hodge Equity Release

Is it true that Hodge Equity Release quote higher interest rates when it comes to mortgages for contractors?

The above information covers to properties in England and Wales.

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