Saffron Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Saffron Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Saffron Building Society 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 an IFA concerning my remortgage because I am on a fixed term contract of 3 years (an IT contractor). My contract started date this year. I am looking for a 5 year fixed rate mortgage. Property value 165K, I want to borrow £150,000. I purchased the property 3 years ago for £157,000 and I currently owe 165k to Saffron Building Society
I am an engineering contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally from Saffron Building Society. Should I contact Saffron Building Society directly or seek the services of a contractor specialist mortgage broker who focuses on dealing with contractors and Saffron Building Society.
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 Saffron Building Society?
I am finding the process of looking for a contractor mortgage extremely frustrating. There doesn't seem to be many lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
Could a contractor mortgage with Saffron Building Society be a better option for me than a standard Saffron Building Society mortgage ?
The content set out above covers to properties in England and Wales.
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