Metro Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Metro Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Metro Bank 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 three year contract. the chances of me being moved onto a permanent contract are slim. So I suppose my question is, will Metro Bank even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new mortgage company. All documents done and sent. Received a call from the lender to say they can't move forward 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 advice?
How can I make myself more attractive to a lender such as Metro Bank when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
Even though I am a contractor (freelance journalist) do I really need to supply at least six months of both business and personal bank statements as part of the due diligence process for Metro Bank.I am not convinced that my broker is correct.
I don't know if Metro Bank are in the business of issuing contractor mortgages but if they do how does a Metro Bank contractor mortgage differ from a standard home loan?
The content set out above is in relation to properties in England and Wales.
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