Paratus Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Paratus offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Paratus and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am seeking some mortgage advice. I am currently an engineering contractor, One year into a 2 contract. the chances of me being moved onto an employed basis are slim. So I suppose my question is, will Paratus even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I am a freelance 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 before the end of my set term? Would this help my cause when applying for a mortgage with lend
What is the situation with contractor mortgages and Paratus? I am a contractor but my hubby has a permanent job. Will Paratus take my salary should we make a joint application?
Do any sections of the CML Lender's Handbook stipulate the requirements for Paratus when it comes to contractor mortgages or self-employed mortgages.
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new lender. All paperwork completed and submitted. Received communication from the lender to say they can't move forward with process unless my current manager issues a letter saying my contract will definitely get extended and when new end date will be. Any thoughts?
The content set out above is in relation to properties in England and Wales.
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