Whistletree Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Whistletree offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Whistletree and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

I have retained a broker regarding my remortgage because I have just won a fixed term contract of four years (a media contractor). My contract begin date last year. I am seeking a five year fixed rate deal. Property value £200,000, I want to borrow 132K. I purchased the property four years ago for £157,000 and I currently owe 165k to Whistletree

I am a self employed contractor. Mortgage options are being looked at but its problematic. 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 help my cause when applying for a mortgage with lend

I understand that for some lenders ‘contractors’ can be a red flag to their lending decision. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. I am particularly interested in a mortgage deal with Whistletree

Even though I am a contractor (in the Oil & Gas industry) do I really need to produce at least six months of both business and personal bank statements as part of the vetting process for Whistletree.I am not convinced that my broker is correct.

Were I to reveal to Whistletree that I’m contracting, are they likely to charge me a higher rate on my home loan?

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