Virgin Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Virgin offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Virgin and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
Does the UK Finance Lender's Handbook set out the requirements for Virgin when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with Virgin 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.
I am well aware that the days of self-certification contractor mortgages are long gone. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. I am particularly interested in a mortgage deal with Virgin
As a contractor (freelance journalist) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Virgin even grant mortgages to contactors ?
If I reveal to Virgin that I’m contracting, are they likely to charge me a higher rate on my mortgage?
The content set out above is in relation to properties in England and Wales.
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