Saffron Building Society Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Saffron Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Saffron 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 a minefield. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Saffron Building Society in his name using our joint deposit and for me to be added at a later date?

Does the CML Lender's Handbook set out the requirements for Saffron Building Society when it comes to contractor mortgages or self-employed mortgages.

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

How can I make myself more attractive to a lender such as Saffron Building Society when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

If I inform Saffron Building Society that I’m contracting, are they likely to charge me a higher rate on my home loan?

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

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