Hinckley and Rugby Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Hinckley and Rugby offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Hinckley and Rugby and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have been dealing with a broker regarding my remortgage because I have just won a fixed term contract of two years (a media contractor). My contract begin date this year. I am looking for a five year fixed rate mortgage. Property worth £200,000, I want to borrow £150,000. I purchased the property three years ago for £220,500 and I currently owe 120K to Hinckley and Rugby
What is current approach to contractor mortgages and Hinckley and Rugby? I am a contractor but my hubby has a permanent job. Will Hinckley and Rugby take my salary should we make a joint application?
What criteria does a mortgage lender (for example Hinckley and Rugby) adopt to categorise a borrower as a contractor or self-employed. For instance does one have to own over 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?
Is it true that as contractor I would require a huge deposit up to as much as 50 per cent to qualify for a mortgage with Hinckley and Rugby.
The content set out above is in relation to properties in England and Wales.
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