Yorkshire Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Yorkshire Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Yorkshire Building Society 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 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. My query is, will Yorkshire Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What is the situation with contractor mortgages and Yorkshire Building Society? I am a contractor but my husband has a permanent job. Will Yorkshire Building Society take my salary were we to make an application in both our names?
What criteria does a mortgage lender (for example Yorkshire Building Society) use to class someone as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?
Me and and my wife are soon to submit for our first mortgage application with Yorkshire Building Society. Later this year I start working as a contractor. My wife is time employed as an accountant and does have a meaningful salary. Is it going to be a case of just getting a non-contractor mortgage with Yorkshire Building Society in my wife’s name alone?
How can I make myself more attractive to a lender such as Yorkshire Building Society when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from Yorkshire Building Society