Halifax Loans Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Halifax Loans offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Halifax Loans and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have retained a mortgage adviser concerning my remortgage because I have just won a fixed term contract of two years (a finacial contractor). My contract begin date earlier this year. I am looking for a 5 year fixed rate mortgage. Property value £325k, I want to borrow 132K. I bought the property 3 years ago for 138K and I currently owe 165k to Halifax Loans
I am an engineering contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally from Halifax Loans. Would it be wise to contact Halifax Loans directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and Halifax Loans.
As contractor looking for a mortgage with Halifax Loans 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.
Going through the contractor mortgage process to move to a buy to let with a new bank. All documents done and sent. Received a call from the lender to say they can't move ahead with application unless my current manager writes me a letter saying my contract will definitely be prolonged and when new end date will be. Any thoughts?
My wife and I are soon to submit for our first mortgage application with Halifax Loans. Later this year I start working as a contractor. My wife is time employed as a lawyer and does have a meaningful income. Is it going to be a case of just getting a non-contractor mortgage with Halifax Loans in my wife’s name only?
The content set out above covers to properties in England and Wales.
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