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 seeking some mortgage advice. I am currently a media contractor, One year into a three year contract. the chances of me being moved onto a permanent contract are slim. So I suppose my question is, will Saffron Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What is current approach to contractor mortgages and Saffron Building Society? I am a contractor but my hubby has a permanent job. Will Saffron Building Society take my salary should we make an application in both our names?
What criteria does a mortgage lender (for example Saffron Building Society) use to class a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new mortgage company. All documents done and submitted. Received communication from the lender to say they can't move forward with process unless my current manager issues a letter saying my contract will definitely get extended and when new end date will be. Any advice?
How can I make myself more attractive to a lender such as Saffron 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.
The content set out above covers to properties in England and Wales.
Find out how to order your redemption statement request from Saffron Building Society