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 retained an IFA concerning my remortgage because I have just won a fixed term contract of four years (a media contractor). My contract started date last year. I am looking for a five year fixed rate deal. Property worth £325k, I want to borrow £150,000. I bought the property three years ago for £220,500 and I currently owe 165k to Hinckley and Rugby

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?

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

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 vetting process for Hinckley and Rugby.I am not convinced that my broker is correct.

Is it correct that Hinckley and Rugby quote higher interest rates in respect of mortgages for contractors?

The above information is in relation to properties in England and Wales.

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