Landmark Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Landmark offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Landmark and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
What is the situation with contractor mortgages and Landmark? I am a contractor but my OH has a permanent job. Will Landmark take my salary if we make an application in both our names?
Do any sections of the CML Lender's Handbook stipulate the requirements for Landmark when it comes to contractor mortgages or self-employed mortgages.
What criteria does a mortgage lender (for example Landmark) adopt to class someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?
Going through the contractor mortgage process to move to a buy to let with a new mortgage company. All paperwork completed and submitted. Received communication from the lender to say they can't move ahead with process unless my current manager writes me a letter saying my contract will definitely be prolonged and when new end date will be. Any advice?
Even though I am a contractor (HR consultant) 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 Landmark.I am not convinced that my broker is correct.
The content set out above is in relation to properties in England and Wales.
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