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 current approach to 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 Bedford. My next step is to secure a mortgage ideally from Paragon Residential. Would it be wise to contact Paragon Residential directly or seek the services of a contractor specialist mortgage broker who focuses on dealing with contractors and Paragon Residential.

Does the CML Lender's Handbook stipulate 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?

How can I make myself more attractive to a lender such as Paragon Residential when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

The content set out above is in relation to properties in England and Wales.

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