Secure Trust Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Secure Trust Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Secure Trust Bank 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 an engineering contractor, One year into a three year contract. However, I'm unlikely to be moved onto a permanent contract until around May time. My query is, will Secure Trust Bank even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What criteria does a mortgage lender (for example Secure Trust Bank) use to categorise someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?
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?
How can I make myself more attractive to a lender such as Secure Trust Bank when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
Notwithstanding that I am a contractor (in the Oil & Gas industry) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Secure Trust Bank even grant mortgages to contactors ?
The content set out above is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Secure Trust Bank