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 IT contractor, One year into a two contract. the chances of me being moved onto a permanent contract are slim. My question is, will Paratus even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I am a finacial contractor looking to buy a home in Bedford. My next step is to secure a mortgage ideally with Paratus. Would it be wise to contact Paratus directly or seek the assistance of a contractor specialist mortgage broker who focuses on dealing with contractors and Paratus.

Does 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 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 be prolonged and when new end date will be. Any advice?

I don't know if Paratus are in the business of issuing contractor mortgages but in the event that they do how does a Paratus contractor mortgage differ from a standard home loan?

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