Kensington Mortgage Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Kensington Mortgage offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Kensington Mortgage and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

I am seeking some mortgage advice. I am currently a media contractor, 18 months into a two contract. However, I'm unlikely to be moved onto a permanent contract until around June time. So I suppose my question is, will Kensington Mortgage even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I have retained a broker regarding my remortgage because I am on a fixed term contract of two years (an engineering contractor). My contract begin date last year. I am seeking a three year fixed rate mortgage. Property worth £325k, I want to borrow 132K. I purchased the property 3 years ago for 138K and I currently owe 115k to Kensington Mortgage

What is the situation with contractor mortgages and Kensington Mortgage? I am a contractor but my OH has a permanent job. Will Kensington Mortgage take my salary should we make an application in both our names?

Going through the contractor mortgage process to move to a buy to let with a new mortgage company. All paperwork completed and submitted. Received a call from the lender to say they can't move forward with application unless my current manager issues a letter saying my contract will definitely get extended and when new end date will be. Any thoughts?

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?

The above information is in relation to properties in England and Wales.

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