LiveMore Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether LiveMore offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about LiveMore 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, One year into a 2 contract. the chances of me being moved onto an employed basis are slim. So I suppose my query is, will LiveMore even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What is the situation with contractor mortgages and LiveMore? I am a contractor but my OH has a permanent job. Will LiveMore take my salary should we make an application in both our names?
Does the CML Lender's Handbook stipulate the requirements for LiveMore when it comes to contractor mortgages or self-employed mortgages.
What criteria does a mortgage lender (for example LiveMore) use to categorise a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?
Could a contractor mortgage with LiveMore be a better option for me than a standard LiveMore mortgage ?
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from LiveMore