National Westminster Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether National Westminster Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about National Westminster Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
For three years now I have been a self employed contractor. Mortgage options are being looked at but it's problematic. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with National Westminster Bank in his name using our joint deposit and for me to be added at a later date?
I am an engineering contractor looking to buy a home in Nottingham. My next step is to secure a mortgage preferably from National Westminster Bank. Should I contact National Westminster Bank directly or seek the services of a contractor specialist mortgage broker who focuses on dealing with contractors and National Westminster Bank.
What criteria does a mortgage lender (for example National Westminster Bank) use to class someone as a contractor or self-employed. For instance does one have to own over a particular percentage of a business?
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new lender. All documents done and submitted. Received communication from the lender to say they can't move ahead with application unless my current manager issues a letter confirming that my contract will definitely get extended and when new end date will be. Any thoughts?
Even though I am a contractor (in the Oil & Gas industry) 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 National Westminster Bank.I am not convinced that my broker is correct.
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from National Westminster Bank