Scottish Widows Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Scottish Widows offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Scottish Widows and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
For two years now I have been a self employed contractor. Mortgage options are being looked at but it's problematic. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Scottish Widows in his name using our joint deposit and for me to be added at a later date?
I am an IT contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally from Scottish Widows. Should I contact Scottish Widows directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and Scottish Widows.
Does the UK Finance Lender's Handbook set out the requirements for Scottish Widows when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with Scottish Widows 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.
Could a contractor mortgage with Scottish Widows be a better option for me than a traditional Scottish Widows 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 Scottish Widows