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 am seeking some mortgage advice. I am currently on a grad scheme, 18 months into a three year contract. the chances of me being moved onto a permanent contract are slim. So I suppose my question is, will Keystone Property Finance even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
For two years now I have been a self employed contractor. Mortgage options are being looked at but it's a minefield. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Keystone Property Finance in his name using our joint deposit and for me to be added at a later date?
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.
Notwithstanding that I am 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 Keystone Property Finance even grant mortgages to contactors ?
I am lead to believe that mortgage lenders in the main consider contractors as high risk applicants; so require 3 years’ accounts to validate mortgage affordability. In my case as a finacial contractor, this evidence is unlikely to give an accurate picture of my income potential. Will a contractor-focused IFAs utilise bespoke underwriting with lenders such as Keystone Property Finance.
The above information covers to properties in England and Wales.
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