Keystone Property Finance Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Keystone Property Finance offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Keystone Property Finance and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have been dealing with a mortgage adviser concerning my remortgage because I have just won a fixed term contract of 3 years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract started date earlier this year. I am seeking a three year fixed rate mortgage. Property worth £325k, I want to borrow £150,000. I bought the property four years ago for £157,000 and I currently owe 115k to Keystone Property Finance
What criteria does a mortgage lender (for example Keystone Property Finance) use to class a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?
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?
How can I make myself more attractive to a lender such as Keystone Property Finance when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
Could a contractor mortgage with Keystone Property Finance be a better option for me than a standard Keystone Property Finance mortgage ?
The content set out above is in relation to properties in England and Wales.
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