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.

I am seeking some mortgage advice. I am currently on a grad scheme, One year into a 2 contract. the chances of me being moved onto an employed basis are slim. So I suppose my question is, will Platform even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I am Oil & Gas contractor looking to buy a home in London. My next step is to secure a mortgage preferably with Platform. Should I contact Platform directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and Platform.

As contractor looking for a mortgage with Platform 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 looking for 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.

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?

The content set out above covers to properties in England and Wales.

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