Pepper Money Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Pepper Money offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Pepper Money 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 on a grad scheme, 12 months into a three year contract. the chances of me being moved onto an employed basis are slim. My query is, will Pepper Money even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have been dealing with a mortgage adviser concerning my remortgage because I have just won a fixed term contract of two years (on a grad scheme). My contract begin date last year. I am looking for a three year fixed rate mortgage. Property worth £325k, I want to borrow £150,000. I purchased the property 3 years ago for £157,000 and I currently owe 120K to Pepper Money
As contractor looking for a mortgage with Pepper Money will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.
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?
As a contractor (HR consultant) do I really need to produce at least six months of both business and personal bank statements as part of the due diligence process for Pepper Money.I am not convinced that my broker is correct.
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from Pepper Money