Mortgage Express Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Mortgage Express offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Mortgage Express and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have retained an IFA regarding my remortgage because I have just won a fixed term contract of two years (on a grad scheme). My contract begin date last year. I am seeking a five year fixed rate mortgage. Property worth £325k, I want to borrow £150,000. I bought the property three years ago for £220,500 and I currently owe 165k to Mortgage Express
What is the situation with contractor mortgages and Mortgage Express? I am a contractor but my OH has a permanent job. Will Mortgage Express take my salary were we to make an application in both our names?
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?
Notwithstanding that I am a contractor (HR consultant) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Mortgage Express even grant mortgages to contactors ?
I'm an engineering contractor, based on my accounts, my average net profit and director's salary is £45,000. I am looking to purchase a house in loc. What are the chances of being able to borrow 195k by way of a contractor mortgage with Meliden
The above information covers to properties in England and Wales.
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