Principality Building Society Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Principality Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Principality Building Society and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

What is the situation with contractor mortgages and Principality Building Society? I am a contractor but my partner has a permanent job. Will Principality Building Society take my salary were we to make a joint application?

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

Myself and my husband are currently about to apply for a mortgage with Principality Building Society. Next month I commence working as a contractor. My husband is full time employed and so does have a meaningful salary. Is it going to be a case of just getting a non-contractor mortgage with Principality Building Society in my husband’s sole name?

How can I make myself more attractive to a lender such as Principality Building Society when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

As a contractor (IT consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Principality Building Society even grant mortgages to contactors ?

The above information is in relation to properties in England and Wales.

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