Sainsbury's Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Sainsbury's Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Sainsbury's Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am looking for some mortgage advice. I am currently an IT contractor, 18 months into a 2 contract. the chances of me being moved onto an employed basis are slim. So I suppose my query is, will Sainsbury's Bank even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I am a freelance contractor. Mortgage options are being looked at but its problematic. I have considered is whether I could get a letter from my company confirming I will be moved onto a permanent contract before the expiry of my set term? Would this help in applying for a mortgage with lend
I am a media contractor looking to buy a home in London. My next step is to secure a mortgage preferably with Sainsbury's Bank. Am I best advised to contact Sainsbury's Bank directly or seek the help of a contractor specialist mortgage broker who focuses on dealing with contractors and Sainsbury's Bank.
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?
Were I to reveal to Sainsbury's Bank that I’m contracting, are they likely to charge me a higher rate on my mortgage?
The above information covers to properties in England and Wales.
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