Fleet Mortgages Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Fleet Mortgages offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Fleet Mortgages and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am seeking some mortgage advice. I am currently on a grad scheme, 18 months into a two contract. However, I'm unlikely to be moved onto a permanent contract until around March time. My query is, will Fleet Mortgages 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 have just won a fixed term contract of four years (an IT contractor). My contract started date last year. I am looking for a five year fixed rate mortgage. Property worth £325k, I want to borrow £150,000. I purchased the property three years ago for £157,000 and I currently owe 120K to Fleet Mortgages
For some years now I have been a self employed contractor. Mortgage options are being looked at but it's a minefield. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Fleet Mortgages in his name using our joint deposit and for me to be added at a later date?
What criteria does a mortgage lender (for example Fleet Mortgages) adopt to categorise a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a business?
I'm an engineering contractor, based on my accounts, my average net profit and director's salary is £55,731. I am looking to purchase a house in loc. What are the chances of borrowing 180k via a contractor mortgage with Finedon
The content set out above is in relation to properties in England and Wales.
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