The Mortgage Lender Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether The Mortgage Lender offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about The Mortgage Lender 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 three year contract. the chances of me being moved onto a permanent contract are slim. My query is, will The Mortgage Lender even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I am an IT contractor looking to buy a home in Nottingham. My next step is to secure a mortgage preferably with The Mortgage Lender. Should I contact The Mortgage Lender directly or seek the assistance of a contractor specialist mortgage broker who focuses on dealing with contractors and The Mortgage Lender.
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 95k contractor mortgage with a lender such as The Mortgage Lender?
Does the CML Lender's Handbook set out the requirements for The Mortgage Lender when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with The Mortgage Lender 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.
The above information is in relation to properties in England and Wales.
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