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 concerning my remortgage because I am on a fixed term contract of 3 years (a media contractor). My contract started date earlier this year. I am looking for a three year fixed rate mortgage. Property worth 165K, I want to borrow 132K. I bought the property 3 years ago for £220,500 and I currently owe 165k to Hodge Equity Release
For three years now I have been a self employed contractor. Mortgage options are being looked at but it's a minefield. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Hodge Equity Release in his name using our joint deposit and for me to be added at a later date?
As contractor looking for a mortgage with Hodge Equity Release will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.
I'm a finacial contractor, according to my accounts, my average net profit and director's salary is £45,000. I am looking to purchase a house in loc. What are the chances of borrowing 165k via a contractor mortgage with Meliden
Could a contractor mortgage with Hodge Equity Release be a better option for me than a traditional Hodge Equity Release mortgage ?
The content set out above is in relation to properties in England and Wales.
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