State Bank of India UK Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether State Bank of India UK offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about State Bank of India UK 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 on a grad scheme, One year into a 2 contract. the chances of me being moved onto a permanent contract are slim. My query is, will State Bank of India UK even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
My wife and I are soon to submit for our first mortgage application with State Bank of India UK. Later this year I start working as a contractor. My wife is time employed as an accountant and does have a six figure salary. Is it going to be a case of just getting a non-contractor mortgage with State Bank of India UK in my wife’s name only?
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?
Notwithstanding that I am a contractor (HR consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do State Bank of India UK even grant mortgages to contactors ?
I don't know if State Bank of India UK are in the business of issuing contractor mortgages but in the event that they do how does a State Bank of India UK contractor mortgage differ from a traditional home loan?
The content set out above is in relation to properties in England and Wales.
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