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 am looking for some mortgage advice. I am currently on a grad scheme, 12 months into a two contract. the chances of me being moved onto an employed basis are slim. So I suppose my question is, will Leeds Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I have retained a broker concerning my remortgage because I have just won a fixed term contract of four years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract begin date this year. I am seeking a three year fixed rate deal. Property worth 165K, I want to borrow 132K. I bought the property four years ago for £157,000 and I currently owe 115k to Leeds Building Society

What is current approach to contractor mortgages and Leeds Building Society? I am a contractor but my husband has a permanent job. Will Leeds Building Society take my salary if we make an application in both our names?

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.

I'm a finacial 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 165k by way of a contractor mortgage with Broadstone

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