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.
I have been dealing with an IFA regarding my remortgage because I am on a fixed term contract of two years (on a grad scheme). My contract started date this year. I am seeking a five year fixed rate mortgage. Property worth £200,000, I want to borrow 132K. I purchased the property four years ago for £220,500 and I currently owe 115k to National Westminster Bank
I am a freelance contractor. Mortgage options are being looked at but its problematic. I have considered is whether I could get a letter from my company clarifying that I will be moved onto a permanent contract before the end of my set term? Would this assist my cause when applying for a mortgage with lend
I am Oil & Gas contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally from National Westminster Bank. Should I contact National Westminster Bank directly or seek the help of a contractor specialist mortgage broker who focuses on dealing with contractors and National Westminster Bank.
Notwithstanding that I am a contractor (HR consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do National Westminster Bank even grant mortgages to contactors ?
I'm an IT contractor, according to my accounts, my average net profit and director's salary is £55,731. I am looking to purchase a house in loc. What are the chances of being able to borrow 180k via a contractor mortgage with Englefield Green
The content set out above is in relation to properties in England and Wales.
Find out how to order your redemption statement request from National Westminster Bank