Swansea Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Swansea Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Swansea 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 am looking for some mortgage advice. I am currently on a grad scheme, One year into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around December time. My question is, will Swansea Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
For some years now I have been a self employed contractor. Mortgage options are being looked at but it's a minefield. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Swansea Building Society in his name using our joint deposit and for me to be added at a later date?
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 125k contractor mortgage with a lender such as Swansea Building Society?
What criteria does a mortgage lender (for example Swansea Building Society) adopt to categorise a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?
I don't know if Swansea Building Society are in the business of issuing contractor mortgages but in the event that they do how does a Swansea Building Society contractor mortgage differ from a traditional mortgage?
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