New Street Mortgages Contractor Mortgages - Help and FAQs

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

For some 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 New Street Mortgages in his name using our joint deposit and for me to be added at a later date?

What is the situation with contractor mortgages and New Street Mortgages? I am a contractor but my hubby has a permanent job. Will New Street Mortgages take my salary if we make a joint application?

As contractor looking for a mortgage with New Street Mortgages will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.

Going through the contractor mortgage process to move to a buy to let with a new mortgage company. All paperwork completed and submitted. Received communication from the lender to say they can't move forward with application unless my current manager issues a letter confirming that my contract will definitely get extended and when new end date will be. Any thoughts?

I have no idea if New Street Mortgages grant contractor mortgages but in the event that they do how does a New Street Mortgages contractor mortgage differ from a traditional home loan?

The above information is in relation to properties in England and Wales.

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