M&S Bank Contractor Mortgages - Help and FAQs

I have retained a broker regarding my remortgage because I am on a fixed term contract of four years (a finacial contractor). My contract started date earlier this year. I am looking for a three year fixed rate deal. Property value 165K, I want to borrow £150,000. I bought the property four years ago for £220,500 and I currently owe 165k to M&S Bank

I am a freelance contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company clarifying that I will be moved onto a permanent contract before the expiry of my set term? Would this help my cause when applying for a mortgage with lend

Going through the contractor mortgage process to move to a buy to let with a new lender. All paperwork completed and sent. Received a call from the lender to say they can't move ahead with process unless my current manager writes me a letter saying my contract will definitely be prolonged and when new end date will be. Any thoughts?

I understand that for some mortgage companies ‘contractors’ can be a red flag to their lending decision. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. In particular I have my eye on a mortgage deal with M&S Bank

My research online indicates that mortgage lenders generally consider contractors as high risk applicants; so demand 3 years’ accounts to substantiate mortgage affordability. In my case as an IT contractor, this evidence is unlikely to give an accurate picture of my income potential. Will a contractor-focused IFAs persuade lenders such as M&S Bank to offer funds on the more realistic basis of my contracted rate.