The Mortgage Business Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether The Mortgage Business offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about The Mortgage Business 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 an engineering contractor, One year into a three year contract. the chances of me being moved onto a permanent contract are slim. My query is, will The Mortgage Business even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I am a finacial contractor looking to buy a home in Nottingham. My next step is to secure a mortgage preferably from The Mortgage Business. Would it be wise to contact The Mortgage Business directly or seek the assistance of a contractor specialist mortgage broker who focuses on dealing with contractors and The Mortgage Business.
Do any sections of the CML Lender's Handbook stipulate the requirements for The Mortgage Business when it comes to contractor mortgages or self-employed mortgages.
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new lender. All documents done and sent. Received communication from the lender to say they can't move ahead with process unless my current manager issues a letter confirming that 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 The Mortgage Business 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.
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