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.
I am looking for some mortgage advice. I am currently on a grad scheme, One year into a three year contract. the chances of me being moved onto an employed basis are slim. My question is, will Landmark even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
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 clarifying that I will be transferred onto a permanent contract prior to the expiry of my set term? Would this help in applying for a mortgage with lend
What criteria does a mortgage lender (for example Landmark) adopt to categorise a borrower as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?
As a contractor (freelance journalist) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Landmark even grant mortgages to contactors ?
Could a contractor mortgage with Landmark be a better option for me than a traditional Landmark mortgage ?
The above information covers to properties in England and Wales.
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