Precise Mortgages Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Precise Mortgages offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Precise Mortgages and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
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 confirming I will be transferred onto a permanent contract before the end of my set term? Would this assist in applying for a mortgage with lend
I am an engineering contractor looking to buy a home in London. My next step is to secure a mortgage ideally with Precise Mortgages. Am I best advised to contact Precise Mortgages directly or seek the help of a contractor specialist mortgage broker who is used to dealing with contractors and Precise Mortgages.
Do any sections of the CML Lender's Handbook stipulate the requirements for Precise Mortgages when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with Precise Mortgages 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.
I don't know whether Precise Mortgages grant contractor mortgages but in the event that they do how does a Precise Mortgages contractor mortgage differ from a traditional home loan?
The above information is in relation to properties in England and Wales.
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