Keystone Property Finance Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Keystone Property Finance offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Keystone Property Finance 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 a mortgage adviser regarding my remortgage because I have just won a fixed term contract of four years (an IT contractor). My contract begin date this year. I am looking for a five year fixed rate mortgage. Property worth 165K, I want to borrow 132K. I bought the property three years ago for £157,000 and I currently owe 115k to Keystone Property Finance
What criteria does a mortgage lender (for example Keystone Property Finance) use to class a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?
As contractor looking for a mortgage with Keystone Property Finance will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.
I'm a finacial contractor, according to my accounts, my average net profit and director's salary is £55,731. I am looking to purchase a house in loc. What are the chances of borrowing 195k by way of a contractor mortgage with Meliden
Could a contractor mortgage with Keystone Property Finance be a better option for me than a standard Keystone Property Finance mortgage ?
The content set out above is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Keystone Property Finance