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 is the situation with contractor mortgages and Darlington Building Society? I am a contractor but my OH has a permanent job. Will Darlington Building Society take my salary should we make a joint application?
I am finding the process of looking for a contractor mortgage very frustrating. There doesn't seem to be many lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?
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 am lead to believe that banks and building societies mostly consider contractors as high risk applicants; so require 3 years’ accounts to substantiate mortgage affordability. In my case as a finacial contractor, this evidence is unlikely to give an accurate picture of my income potential. Will a contractor-focused mortgage broker utilise bespoke underwriting with lenders such as Darlington Building Society.
The content set out above is in relation to properties in England and Wales.
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