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 have retained an IFA concerning my remortgage because I am on a fixed term contract of four years (on a grad scheme). My contract begin date this year. I am seeking a three year fixed rate mortgage. Property value £200,000, I want to borrow 132K. I purchased the property four years ago for £220,500 and I currently owe 120K to Yorkshire Building Society
As contractor looking for a mortgage with Yorkshire Building Society will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.
Going through the contractor mortgage process to move to a buy to let with a new lender. All paperwork completed and sent. Received a call from the lender to say they can't move forward with process unless my current manager writes me a letter saying my contract will definitely get extended and when new end date will be. Any advice?
Myself and my husband are currently about to apply for a mortgage with Yorkshire Building Society. Next month I commence working as a contractor. My husband is full time employed and so does have a healthy income. Is it going to be a case of just getting a non-contractor mortgage with Yorkshire Building Society in my husband’s name only?
Could a contractor mortgage with Yorkshire Building Society be a better option for me than a traditional Yorkshire Building Society mortgage ?
The content set out above is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Yorkshire Building Society