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 been dealing with an IFA concerning my remortgage because I have just won a fixed term contract of 3 years (a media contractor). My contract begin date this year. I am looking for a three year fixed rate deal. Property worth 165K, I want to borrow 132K. I purchased the property three years ago for £157,000 and I currently owe 165k 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.
Myself and my husband are currently about to apply for a mortgage with Leeds Building Society. Next month I commence working as a contractor. My husband is full time employed and so does have a healthy salary. Is it going to be a case of just getting a non-contractor mortgage with Leeds Building Society in my husband’s sole name?
I am finding the process of trying to obtain a contractor mortgage very frustrating. There doesn't seem to be many lenders who really understand my situation and the challenges faced being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
As a contractor (HR consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Leeds Building Society even grant mortgages to contactors ?
The content set out above is in relation to properties in England and Wales.
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