Pepper Money (UK) Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Pepper Money (UK) offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Pepper Money (UK) and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have retained a mortgage adviser concerning my remortgage because I am on a fixed term contract of two years (on a grad scheme). My contract begin date last year. I am seeking a three year fixed rate mortgage. Property value £200,000, I want to borrow 132K. I purchased the property three years ago for £157,000 and I currently owe 115k to Pepper Money (UK)
I am an IT contractor looking to buy a home in Nottingham. My next step is to secure a mortgage preferably from Pepper Money (UK). Am I best advised to contact Pepper Money (UK) directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and Pepper Money (UK).
What criteria does a mortgage lender (for example Pepper Money (UK)) use to categorise a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a business?
How can I make myself more attractive to a lender such as Pepper Money (UK) when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
I am well aware that the days of self-certification contractor mortgages are a thing of the past. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. In particular I have my eye on a mortgage deal with Pepper Money (UK)
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from Pepper Money (UK)