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 have retained an IFA concerning my remortgage because I have just won a fixed term contract of 3 years (on a grad scheme). My contract begin date this year. I am seeking a 5 year fixed rate deal. Property value £200,000, I want to borrow 132K. I bought the property 3 years ago for 138K and I currently owe 165k to Secure Trust Bank

What is the situation with contractor mortgages and Secure Trust Bank? I am a contractor but my OH has a permanent job. Will Secure Trust Bank take my salary were we to make a joint application?

As contractor looking for a mortgage with Secure Trust Bank 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.

Myself and my husband are currently about to apply for a mortgage with Secure Trust Bank. Next month I commence working as a contractor. My husband is full time employed and so does have a six figure salary. Is it going to be a case of just getting a non-contractor mortgage with Secure Trust Bank in my husband’s sole name?

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?

The content set out above is in relation to properties in England and Wales.

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