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.
What is current approach to contractor mortgages and Metro Bank? I am a contractor but my partner has a permanent job. Will Metro Bank take my salary if we make a joint application?
As contractor looking for a mortgage with Metro Bank will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.
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 (HR consultant) is it necessary for me 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.
Could a contractor mortgage with Metro Bank be a better option for me than a standard Metro Bank mortgage ?
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from Metro Bank