Britannia Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Britannia offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Britannia and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have been dealing with a mortgage adviser regarding my remortgage because I am on a fixed term contract of two years (on a grad scheme). My contract started date earlier this year. I am seeking a five year fixed rate deal. Property worth £200,000, I want to borrow 132K. I bought the property three years ago for 138K and I currently owe 115k to Britannia
Does the CML Lender's Handbook set out the requirements for Britannia when it comes to contractor mortgages or self-employed mortgages.
Going through the contractor mortgage process to move to a buy to let with a new lender. All documents done and sent. Received a call from the lender to say they can't move forward with application unless my current manager issues a letter confirming that my contract will definitely get extended and when new end date will be. Any advice?
Me and and my wife are soon to submit for our first mortgage application with Britannia. Later this year I start working as a contractor. My wife is time employed as an accountant and does have a healthy income. Is it going to be a case of just getting a non-contractor mortgage with Britannia in my wife’s name only?
I am well aware that the days of self-certification contractor mortgages are long gone. 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 Britannia
The above information is in relation to properties in England and Wales.
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