Skipton Building Society Contractor Mortgages - Help and FAQs

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

I am a self employed contractor. Mortgage options are being looked at but its problematic. I have considered is whether I could get a letter from my company clarifying that I will be moved onto a permanent contract before the end of my set term? Would this assist my cause when applying for a mortgage with lend

What criteria does a mortgage lender (for example Skipton Building Society) adopt to class someone as a contractor or self-employed. For instance does one have to own more than a particular percentage of a company?

in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new lender. All documents done and submitted. Received communication from the lender to say they can't move forward with process unless my current manager issues a letter confirming that my contract will definitely be prolonged and when new end date will be. Any advice?

How can I make myself more attractive to a lender such as Skipton 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.

Were I to reveal to Skipton Building Society that I’m contracting, will they charge me a higher rate on my home loan?

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