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 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 transferred onto a permanent contract before the expiry of my set term? Would this assist in applying for a mortgage with lend

Does the CML Lender's Handbook stipulate the requirements for Yorkshire Building Society when it comes to contractor mortgages or self-employed mortgages.

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.

As 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 due diligence process for Yorkshire Building Society.I am not convinced that my broker is correct.

If I tell Yorkshire Building Society that I’m contracting, are they likely to charge me a higher rate on my mortgage?

The content set out above is in relation to properties in England and Wales.

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