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 am looking for some mortgage advice. I am currently a media contractor, 12 months into a three year contract. the chances of me being moved onto an employed basis are slim. My query is, will Barclays plc even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have been dealing with an IFA regarding my remortgage because I am on a fixed term contract of 3 years (on a grad scheme). My contract begin date earlier this year. I am seeking a five year fixed rate deal. Property value £325k, I want to borrow 132K. I bought the property 3 years ago for £157,000 and I currently owe 120K to Barclays plc
What is current approach to contractor mortgages and Barclays plc? I am a contractor but my hubby has a permanent job. Will Barclays plc take my salary should we make a joint application?
How can I make myself more attractive to a lender such as Barclays plc when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
I understand that for some banks ‘contractors’ can be a red flag to their lending decision. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. In particular I have my eye on a mortgage deal with Barclays plc
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Barclays plc