Clydesdale Bank Contractor Mortgages - Help and FAQs

I am seeking some mortgage advice. I am currently a media contractor, 18 months into a three year contract. However, I'm unlikely to be moved onto a permanent contract until around June time. My question is, will Clydesdale Bank even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I have been dealing with a mortgage adviser regarding my remortgage because I have just won a fixed term contract of four years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract begin date this year. I am looking for a 5 year fixed rate deal. Property value £325k, I want to borrow £150,000. I bought the property 3 years ago for 138K and I currently owe 120K to Clydesdale Bank

I am a self employed 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 transferred onto a permanent contract prior to the end of my set term? Would this assist in applying for a mortgage with lend

I am a finacial contractor looking to buy a home in Bedford. My next step is to secure a mortgage preferably from Clydesdale Bank. Am I best advised to contact Clydesdale Bank directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and Clydesdale Bank.

I am lead to believe that mortgage lenders in the main consider contractors as high risk applicants; so require 3 years’ accounts to validate mortgage affordability. In my case as a media contractor, this evidence is unlikely to give an accurate picture of my income potential. Will a broker specialising in contractor mortgages persuade lenders such as Clydesdale Bank to offer funds on the more realistic basis of my contracted rate.