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 am looking for some mortgage advice. I am currently a finacial contractor, 12 months into a three year contract. However, I'm unlikely to be moved onto a permanent contract until around March time. My question is, will Saffron Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have retained an IFA regarding my remortgage because I am on a fixed term contract of two years (on a grad scheme). My contract begin date last year. I am seeking a five year fixed rate deal. Property value 165K, I want to borrow £150,000. I purchased the property 3 years ago for 138K and I currently owe 115k to Saffron Building Society
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 clarifying that I will be moved onto a permanent contract prior to the expiry of my set term? Would this help my cause when applying for a mortgage with lend
Going through the contractor mortgage process to move to a buy to let with a new lender. All paperwork completed and sent. Received a call from the lender to say they can't move ahead with process unless my current manager writes me a letter saying my contract will definitely be prolonged and when new end date will be. Any advice?
I'm a media contractor, based on my accounts, my average net profit and director's salary is £45,000. I am looking to purchase a house in loc. What are the chances of being able to borrow 165k via a contractor mortgage with Englefield Green
The above information is in relation to properties in England and Wales.
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