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’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 85k contractor mortgage with a lender such as Saffron Building Society?
Does the CML Lender's Handbook set out the requirements for Saffron Building Society when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with Saffron Building Society will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.
Me and and my wife are soon to submit for our first mortgage application with Saffron Building Society. Later this year I start working as a contractor. My wife is time employed as an accountant and does have a healthy salary. Is it going to be a case of just getting a non-contractor mortgage with Saffron Building Society in my wife’s name alone?
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 is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Saffron Building Society