Platform Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Platform offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Platform and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
Do any sections of the CML Lender's Handbook set out the requirements for Platform when it comes to contractor mortgages or self-employed mortgages.
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new mortgage company. All documents done and submitted. Received a call from the lender to say they can't move ahead with application unless my current manager writes me a letter confirming that my contract will definitely get extended and when new end date will be. Any advice?
I am finding the process of trying to obtain a contractor mortgage extremely frustrating. There doesn't seem to be many lenders who really understand my situation and the challenges faced being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
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?
Even though I am a contractor (HR consultant) is it necessary for me to supply at least six months of both business and personal bank statements as part of the due diligence process for Platform.I am not convinced that my broker is correct.
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from Platform