Market Harborough Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Market Harborough Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Market Harborough Building Society 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 (an engineering contractor). My contract started date earlier this year. I am looking for a 5 year fixed rate mortgage. Property worth £325k, I want to borrow 132K. I bought the property three years ago for £157,000 and I currently owe 115k to Market Harborough Building Society
I’m in a bit of an onerous situation in as much as I and my partner are both self-employed (contractors) without any great accounts to show, although things are on the up I hope for this to change shortly. Basically my question for you is how hard would it be to get a 85k contractor mortgage with a lender such as Market Harborough Building Society?
Does the CML Lender's Handbook stipulate the requirements for Market Harborough Building Society when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with Market Harborough Building Society 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.
As a contractor (freelance journalist) do I really need to produce at least six months of both business and personal bank statements as part of the vetting process for Market Harborough Building Society.I am not convinced that my broker is correct.
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Find out how to order your redemption statement request from Market Harborough Building Society