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 am looking for some mortgage advice. I am currently on a grad scheme, 12 months into a 2 contract. the chances of me being moved onto a permanent contract are slim. So I suppose my question is, will HSBC UK Bank even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have retained a mortgage adviser concerning my remortgage because I am on a fixed term contract of 3 years (on a grad scheme). My contract begin date earlier this year. I am seeking a three year fixed rate deal. Property value £325k, I want to borrow 132K. I bought the property 3 years ago for £157,000 and I currently owe 120K to HSBC UK Bank
I am finding the process of looking for a contractor mortgage extremely frustrating. There doesn't seem to be many lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?
As a contractor (freelance journalist) do I really need to supply at least six months of both business and personal bank statements as part of the vetting process for HSBC UK Bank.I am not convinced that my broker is correct.
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from HSBC UK Bank