Habito Contractor Mortgages - Help and FAQs

I am an engineering contractor looking to buy a home in London. My next step is to secure a mortgage ideally from Habito. Should I contact Habito directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and Habito.

I am finding the process of trying to obtain a contractor mortgage extremely frustrating. There doesn't seem to be many lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.

How can I make myself more attractive to a lender such as Habito when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

I understand that for some lenders ‘contractors’ can be a red flag to their lending decision. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. In particular I have my eye on a mortgage deal with Habito

I am lead to believe that banks and building societies mostly view contractors as high risk applicants; so demand 3 years’ accounts to validate mortgage affordability. In my case as an engineering contractor, this evidence is unlikely to reflect an accurate picture of my income potential. Will a contractor-focused IFAs persuade lenders such as Habito to offer funds on the more realistic basis of my contracted rate.