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 am looking for some mortgage advice. I am currently a media contractor, 12 months into a three year contract. However, I'm unlikely to be moved onto a permanent contract until around June time. My query is, will Keystone Property Finance even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What criteria does a mortgage lender (for example Keystone Property Finance) use to categorise someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?
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 am finding the process of trying to obtain a contractor mortgage very 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.
I have no idea if Keystone Property Finance grant contractor mortgages but in the event that they do how does a Keystone Property Finance contractor mortgage differ from a standard mortgage?
The above information is in relation to properties in England and Wales.
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