Bank of Scotland Private Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Bank of Scotland Private offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Bank of Scotland Private 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 freelance contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company confirming I will be moved onto a permanent contract prior to the end of my set term? Would this help in applying for a mortgage with lend

What is current approach to contractor mortgages and Bank of Scotland Private? I am a contractor but my hubby has a permanent job. Will Bank of Scotland Private take my salary should we make an application in both our names?

I’m in a bit of an onerous situation in as much as I and my partner are both self-employed (contractors) without any great accounts to show, although things are on the up I hope for this to change shortly. Basically my question for you is how hard would it be to get a 125k contractor mortgage with a lender such as Bank of Scotland Private?

What criteria does a mortgage lender (for example Bank of Scotland Private) adopt to categorise someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a company?

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?

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