The Mortgage Works Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether The Mortgage Works offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about The Mortgage Works 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 a media contractor, 18 months into a three year contract. However, I'm unlikely to be moved onto a permanent contract until around May time. My query is, will The Mortgage Works even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What is the situation with contractor mortgages and The Mortgage Works? I am a contractor but my husband has a permanent job. Will The Mortgage Works take my salary should we make an application in both our names?
I am an engineering contractor looking to buy a home in Bedford. My next step is to secure a mortgage ideally from The Mortgage Works. Am I best advised to contact The Mortgage Works directly or seek the help of a contractor specialist mortgage broker who is used to dealing with contractors and The Mortgage Works.
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 submitted. Received a call from the lender to say they can't move ahead with application unless my current manager issues a letter confirming that my contract will definitely be prolonged and when new end date will be. Any thoughts?
As a contractor (in the Oil & Gas industry) is it necessary for me to supply at least six months of both business and personal bank statements as part of the due diligence process for The Mortgage Works.I am not convinced that my broker is correct.
The content set out above covers to properties in England and Wales.
Find out how to order your redemption statement request from The Mortgage Works