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 have been dealing with a mortgage adviser concerning my remortgage because I have just won a fixed term contract of 3 years (an IT contractor). My contract begin date last year. I am seeking a five year fixed rate mortgage. Property worth £200,000, I want to borrow £150,000. I bought the property 3 years ago for 138K and I currently owe 165k to The Mortgage Works
I am a freelance contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company confirming I will be moved onto a permanent contract before the end of my set term? Would this assist in applying for a mortgage with lend
What is current approach to contractor mortgages and The Mortgage Works? I am a contractor but my hubby has a permanent job. Will The Mortgage Works take my salary were we to make a joint application?
Myself and my fiance are currently about to apply for our first mortgage with The Mortgage Works. However, after studying, I've just this month started working as a contractor, although I'm yet to register etc with HMRC. My fiance is full time employed by the NHS as a doctor, and so does have a healthy incomefor us to put forward. I was hoping to get some advice on how my contractor status will affect us getting an application approved please?
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 covers to properties in England and Wales.
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