Monmouthshire Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Monmouthshire Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Monmouthshire Building Society 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 a finacial contractor, 18 months 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 Monmouthshire Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
As contractor looking for a mortgage with Monmouthshire Building Society 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.
As a contractor (in the Oil & Gas industry) is it necessary for me to produce at least six months of both business and personal bank statements as part of the vetting process for Monmouthshire Building Society.I am not convinced that my broker is correct.
Is it true that Monmouthshire Building Society quote higher interest rates in respect of mortgages for contractors?
Could a contractor mortgage with Monmouthshire Building Society be a better option for me than a traditional Monmouthshire Building Society mortgage ?
The above information covers to properties in England and Wales.
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