Barclays plc Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Barclays plc offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Barclays plc and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have retained a mortgage adviser concerning my remortgage because I have just won a fixed term contract of 3 years (an engineering contractor). My contract started date this year. I am seeking a five year fixed rate mortgage. Property value 165K, I want to borrow 132K. I bought the property three years ago for 138K and I currently owe 120K to Barclays plc
What is the situation with contractor mortgages and Barclays plc? I am a contractor but my husband has a permanent job. Will Barclays plc take my salary were we to make an application in both our names?
As contractor looking for a mortgage with Barclays plc 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.
Even though I am a contractor (IT consultant) do I really need to produce at least six months of both business and personal bank statements as part of the vetting process for Barclays plc.I am not convinced that my broker is correct.
I'm an engineering contractor, based on my accounts, my average net profit and director's salary is £65,876. I am looking to purchase a house in loc. What are the chances of borrowing 165k via a contractor mortgage with Finedon
The content set out above covers to properties in England and Wales.
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