LendInvest Contractor Mortgages - Help and FAQs

I have retained an IFA concerning my remortgage because I have just won a fixed term contract of four years (on a grad scheme). My contract started date earlier this year. I am looking for a three year fixed rate mortgage. Property value £200,000, I want to borrow 132K. I purchased the property 3 years ago for £220,500 and I currently owe 165k to LendInvest

I am a self employed contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company confirming I will be moved onto a permanent contract prior to the end of my set term? Would this help in applying for a mortgage with lend

What criteria does a mortgage lender (for example LendInvest) use to categorise a borrower as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?

How can I make myself more attractive to a lender such as LendInvest when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

My research online suggests that banks and building societies mostly view contractors as high risk applicants; so require 3 years’ accounts to validate mortgage affordability. In my case as an engineering contractor, this evidence is unlikely to paint an accurate picture of my income potential. Will a contractor-focused IFAs persuade lenders such as LendInvest to offer funds on the more realistic basis of my contracted rate.