Bradford & Bingley Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Bradford & Bingley offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Bradford & Bingley and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am an IT contractor looking to buy a home in London. My next step is to secure a mortgage preferably with Bradford & Bingley. Am I best advised to contact Bradford & Bingley directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and Bradford & Bingley.
Does the CML Lender's Handbook set out the requirements for Bradford & Bingley when it comes to contractor mortgages or self-employed mortgages.
What criteria does a mortgage lender (for example Bradford & Bingley) adopt to class a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?
I am finding the process of trying to obtain a contractor mortgage extremely frustrating. I can't seem to find any lenders who really understand my situation and the challenges faced being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
If I reveal to Bradford & Bingley that I’m contracting, are they likely to charge me a higher rate on my home loan?
The above information is in relation to properties in England and Wales.
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