TSB Contractor Mortgages - Help and FAQs

What is the situation with contractor mortgages and TSB? I am a contractor but my husband has a permanent job. Will TSB take my salary were we to make an application in both our names?

I am an IT contractor looking to buy a home in London. My next step is to secure a mortgage ideally from TSB. Should I contact TSB directly or seek the help of a contractor specialist mortgage broker who focuses on dealing with contractors and TSB.

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 85k contractor mortgage with a lender such as TSB?

I am finding the process of trying to obtain a contractor mortgage very frustrating. There doesn't seem to be many lenders who really understand my situation and the challenges faced being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.

My research online suggests that banks and building societies generally view contractors as high risk applicants; so demand 3 years’ accounts to substantiate mortgage affordability. In my case as a media contractor, this evidence is unlikely to give an accurate picture of my income potential. Will a contractor-focused IFAs persuade lenders such as TSB to offer funds on the more realistic basis of my contracted rate.