Paragon Mortgages Ltd Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Paragon Mortgages Ltd offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Paragon Mortgages Ltd and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

I am a freelance contractor. Mortgage options are being looked at but its problematic. I have considered is whether I could get a letter from my company clarifying that I will be moved onto a permanent contract before the end of my set term? Would this help in applying for a mortgage with lend

Does the CML Lender's Handbook set out the requirements for Paragon Mortgages Ltd when it comes to contractor mortgages or self-employed mortgages.

As contractor looking for a mortgage with Paragon Mortgages Ltd 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.

My wife and I are soon to submit for our first mortgage application with Paragon Mortgages Ltd. Later this year I start working as a contractor. My wife is time employed as an accountant and does have a meaningful income. Is it going to be a case of just getting a non-contractor mortgage with Paragon Mortgages Ltd in my wife’s sole name?

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.

Find out how to order your redemption statement request from Paragon Mortgages Ltd

For CQS-Accredited firms, click here for a CQS Dealing with Lenders Policy