Monmouthshire Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Monmouthshire Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Monmouthshire Building Society and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
For three years now I have been a self employed contractor. Mortgage options are being looked at but it's problematic. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Monmouthshire Building Society in his name using our joint deposit and for me to be added at a later date?
What criteria does a mortgage lender (for example Monmouthshire Building Society) adopt to categorise someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a company?
Myself and my husband are currently about to apply for a mortgage with Monmouthshire Building Society. Next month I commence working as a contractor. My husband is full time employed and so does have a meaningful salary. Is it going to be a case of just getting a non-contractor mortgage with Monmouthshire Building Society in my husband’s sole name?
I am finding the process of looking for a contractor mortgage extremely frustrating. There doesn't seem to be many lenders who really understand my situation and the peculiarities of 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 (freelance journalist) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Monmouthshire Building Society even grant mortgages to contactors ?
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