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 a self employed contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company confirming I will be moved onto a permanent contract before the expiry of my set term? Would this help in applying for a mortgage with lend
I am an IT contractor looking to buy a home in London. My next step is to secure a mortgage preferably with National Counties Building Society. Would it be wise to contact National Counties Building Society directly or seek the services of a contractor specialist mortgage broker who focuses on dealing with contractors and National Counties Building Society.
I’m in a bit of an onerous situation in as much as I and my partner are both self-employed (contractors) without any great accounts to show, although things are on the up I hope for this to change shortly. Basically my question for you is how hard would it be to get a 125k contractor mortgage with a lender such as National Counties Building Society?
Were I to advise National Counties Building Society that I’m contracting, are they likely to charge me a higher rate on my home loan?
My research online suggests that mortgage lenders mostly 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 utilise bespoke underwriting with lenders such as National Counties Building Society.
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from National Counties Building Society