HSBC UK Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether HSBC UK Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about HSBC UK Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
Do any sections of the CML Lender's Handbook set out the requirements for HSBC UK Bank when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with HSBC UK Bank 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 lender. All documents done and submitted. Received communication from the lender to say they can't move forward with process unless my current manager issues a letter confirming that my contract will definitely get extended and when new end date will be. Any thoughts?
I understand that for some mortgage companies ‘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. I am particularly interested in a mortgage deal with HSBC UK Bank
Even though I am a contractor (in the Oil & Gas industry) do I really need to supply at least six months of both business and personal bank statements as part of the vetting process for HSBC UK Bank.I am not convinced that my broker is correct.
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from HSBC UK Bank