Leeds Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Leeds Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Leeds Building Society 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 regarding my remortgage because I am on a fixed term contract of four years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). 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 £220,500 and I currently owe 165k to Leeds Building Society
My wife and I are soon to submit for our first mortgage application with Leeds Building Society. Later this year I start working as a contractor. My wife is time employed as a lawyer and does have a healthy income. Is it going to be a case of just getting a non-contractor mortgage with Leeds Building Society in my wife’s sole name?
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?
Notwithstanding that I am a contractor (HR consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Leeds Building Society even grant mortgages to contactors ?
Is it correct that Leeds Building Society quote higher interest rates when it comes to mortgages for contractors?
The above information covers to properties in England and Wales.
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