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 looking for some mortgage advice. I am currently on a grad scheme, One year into a three year contract. However, I'm unlikely to be moved onto a permanent contract until around March time. So I suppose my query is, will Fleet Mortgages even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
Do any sections of the CML Lender's Handbook set out the requirements for Fleet Mortgages when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with Fleet Mortgages will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.
I understand that for some lenders ‘contractors’ can be a red flag to their lending decision. 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 Fleet Mortgages
I don't know if Fleet Mortgages are in the business of issuing contractor mortgages but if they do how does a Fleet Mortgages contractor mortgage differ from a standard mortgage?
The above information is in relation to properties in England and Wales.
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