Reliance Bank Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Reliance Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Reliance Bank 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 Reliance Bank? I am a contractor but my partner has a permanent job. Will Reliance Bank take my salary should we make an application in both our names?

I am Oil & Gas contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally from Reliance Bank. Would it be wise to contact Reliance Bank directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and Reliance Bank.

I’m in a bit of an onerous situation in as much as I and my partner are both self-employed (contractors) without any great accounts to show, although things are on the up I hope for this to change shortly. Basically my question for you is how hard would it be to get a 75k contractor mortgage with a lender such as Reliance Bank?

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?

If I advise Reliance Bank that I’m contracting, are they likely to charge me a higher rate on my mortgage?

The content set out above covers to properties in England and Wales.

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