Kent Reliance Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Kent Reliance offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Kent Reliance 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 an IT contractor, One year into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around December time. So I suppose my question is, will Kent Reliance even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What is current approach to contractor mortgages and Kent Reliance? I am a contractor but my hubby has a permanent job. Will Kent Reliance take my salary were we to make an application in both our names?
Do any sections of the CML Lender's Handbook set out the requirements for Kent Reliance when it comes to contractor mortgages or self-employed mortgages.
What criteria does a mortgage lender (for example Kent Reliance) adopt to class someone as a contractor or self-employed. For instance does one have to own over a particular percentage of a business?
As a contractor (in the Oil & Gas industry) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Kent Reliance even grant mortgages to contactors ?
The content set out above is in relation to properties in England and Wales.
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