National Counties Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether National Counties Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about National Counties 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 seeking some mortgage advice. I am currently an IT contractor, 18 months into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around December time. My question is, will National Counties Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have been dealing with a mortgage adviser regarding my remortgage because I am on a fixed term contract of 3 years (on a grad scheme). My contract begin date earlier this year. I am seeking a three year fixed rate mortgage. Property worth 165K, I want to borrow £150,000. I purchased the property 3 years ago for £220,500 and I currently owe 165k to National Counties Building Society
How can I make myself more attractive to a lender such as National Counties Building Society when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
Is it true that National Counties Building Society quote higher interest rates when it comes to mortgages for contractors?
I have no idea whether National Counties Building Society are in the business of issuing contractor mortgages but if they do how does a National Counties Building Society contractor mortgage differ from a traditional home loan?
The above information is in relation to properties in England and Wales.
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