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 looking for some mortgage advice. I am currently on a grad scheme, One year into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around March time. So I suppose my query is, will LiveMore even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have retained a mortgage adviser concerning my remortgage because I have just won a fixed term contract of two years (on a grad scheme). My contract started date this year. I am seeking a five year fixed rate mortgage. Property value £325k, I want to borrow 132K. I bought the property four years ago for £157,000 and I currently owe 120K to LiveMore
What is current approach to contractor mortgages and LiveMore? I am a contractor but my husband has a permanent job. Will LiveMore take my salary were we to make an application in both our names?
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 (IT consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do LiveMore even grant mortgages to contactors ?
The content set out above covers to properties in England and Wales.
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