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.
I am looking for some mortgage advice. I am currently on a grad scheme, One year into a two contract. the chances of me being moved onto a permanent contract are slim. So I suppose my question is, will Paragon Residential even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I am an engineering contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally with Paragon Residential. Would it be wise to contact Paragon Residential directly or seek the help of a contractor specialist mortgage broker who focuses on dealing with contractors and Paragon Residential.
Does the CML Lender's Handbook set out the requirements for Paragon Residential when it comes to contractor mortgages or self-employed mortgages.
My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?
If I tell Paragon Residential that I’m contracting, are they likely to charge me a higher rate on my mortgage?
The above information covers to properties in England and Wales.
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