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.
For some years now I have been a self employed contractor. Mortgage options are being looked at but it's problematic. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Precise Mortgages in his name using our joint deposit and for me to be added at a later date?
I am a media contractor looking to buy a home in London. My next step is to secure a mortgage ideally from Precise Mortgages. Would it be wise to contact Precise Mortgages directly or seek the assistance of a contractor specialist mortgage broker who focuses on dealing with contractors and Precise Mortgages.
What criteria does a mortgage lender (for example Precise Mortgages) use to class someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a company?
Going 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 ahead with application unless my current manager writes me a letter saying my contract will definitely be prolonged and when new end date will be. Any advice?
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?
The above information covers to properties in England and Wales.
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