Manchester Building Society Contractor Mortgages - Help and FAQs

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

What is current approach to contractor mortgages and Manchester Building Society? I am a contractor but my husband has a permanent job. Will Manchester Building Society take my salary were we to make a joint application?

I’m in a bit of an onerous situation in as much as I and my partner are both self-employed (contractors) without any great accounts to show, although things are on the up I hope for this to change shortly. Basically my question for you is how hard would it be to get a 85k contractor mortgage with a lender such as Manchester Building Society?

What criteria does a mortgage lender (for example Manchester Building Society) use to class a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a business?

My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?

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 Manchester Building Society

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

Find out how to order your redemption statement request from Manchester Building Society

For CQS-Accredited firms, click here for a CQS Dealing with Lenders Policy