TSB Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether TSB offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about TSB and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am looking for some mortgage advice. I am currently on a grad scheme, One year into a three year contract. However, I'm unlikely to be moved onto a permanent contract until around May time. So I suppose my question is, will TSB even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I am an engineering contractor looking to buy a home in London. My next step is to secure a mortgage preferably with TSB. Should I contact TSB directly or seek the services of a contractor specialist mortgage broker who focuses on dealing with contractors and TSB.
Do any sections of the CML Lender's Handbook set out the requirements for TSB when it comes to contractor mortgages or self-employed mortgages.
What criteria does a mortgage lender (for example TSB) use to class someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?
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 above information covers to properties in England and Wales.
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