Leeds Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Leeds Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Leeds Building Society 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 an IFA concerning my remortgage because I have just won a fixed term contract of four years (an engineering contractor). My contract begin date this year. I am seeking a three year fixed rate deal. Property value £325k, I want to borrow 132K. I purchased the property three years ago for £220,500 and I currently owe 120K to Leeds Building Society
Does the CML Lender's Handbook set out the requirements for Leeds Building Society when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with Leeds Building Society 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.
Me and and my wife are soon to submit for our first mortgage application with Leeds Building Society. Later this year I start working as a contractor. My wife is time employed as a surgeon and does have a healthy income. Is it going to be a case of just getting a non-contractor mortgage with Leeds Building Society in my wife’s sole name?
I am well aware that the days of self-certification contractor mortgages are a thing of the past. 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 Leeds Building Society
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