Paragon Residential Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Paragon Residential offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Paragon Residential 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 Paragon Residential? I am a contractor but my OH has a permanent job. Will Paragon Residential take my salary if we make an application in both our names?
I am a media contractor looking to buy a home in London. My next step is to secure a mortgage ideally from Paragon Residential. Should I contact Paragon Residential directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and Paragon Residential.
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 85k contractor mortgage with a lender such as Paragon Residential?
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new mortgage company. All paperwork completed and sent. Received a call from the lender to say they can't move forward with process unless my current manager issues a letter confirming that my contract will definitely get extended and when new end date will be. Any thoughts?
Notwithstanding that I am a contractor (IT consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Paragon Residential even grant mortgages to contactors ?
The above information is in relation to properties in England and Wales.
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