Darlington Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Darlington Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Darlington Building Society and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
What criteria does a mortgage lender (for example Darlington Building Society) adopt to categorise someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a company?
Myself and my husband are currently about to apply for a mortgage with Darlington Building Society. Next month I commence working as a contractor. My husband is full time employed and so does have a six figure income. Is it going to be a case of just getting a non-contractor mortgage with Darlington Building Society in my husband’s sole name?
How can I make myself more attractive to a lender such as Darlington Building Society when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
As a contractor (HR consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Darlington Building Society even grant mortgages to contactors ?
I don't know whether Darlington Building Society are in the business of issuing contractor mortgages but in the event that they do how does a Darlington Building Society contractor mortgage differ from a standard mortgage?
The content set out above is in relation to properties in England and Wales.
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