HSBC UK Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether HSBC UK Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about HSBC UK Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
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 75k contractor mortgage with a lender such as HSBC UK Bank?
Do any sections of the CML Lender's Handbook set out the requirements for HSBC UK Bank when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with HSBC UK Bank 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.
Me and and my wife are soon to submit for our first mortgage application with HSBC UK Bank. Later this year I start working as a contractor. My wife is time employed as a surgeon and does have a healthy income. Is it going to be a case of just getting a non-contractor mortgage with HSBC UK Bank in my wife’s name only?
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.
The content set out above is in relation to properties in England and Wales.
Find out how to order your redemption statement request from HSBC UK Bank