Legal & General Home Finance Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Legal & General Home Finance offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Legal & General Home Finance and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

I am a finacial contractor looking to buy a home in London. My next step is to secure a mortgage preferably with Legal & General Home Finance. Am I best advised to contact Legal & General Home Finance directly or seek the assistance of a contractor specialist mortgage broker who focuses on dealing with contractors and Legal & General Home Finance.

What criteria does a mortgage lender (for example Legal & General Home Finance) use to class someone as a contractor or self-employed. For instance does one have to own over a particular percentage of a business?

in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new mortgage company. All paperwork completed and sent. Received communication from the lender to say they can't move forward 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?

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 Legal & General Home Finance

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 Legal & General Home Finance even grant mortgages to contactors ?

The content set out above is in relation to properties in England and Wales.

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