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.
I am seeking some mortgage advice. I am currently a media contractor, One year into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around May time. So I suppose my question is, will Virgin 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 tricky. I have considered is whether I could get a letter from my company confirming I will be moved onto a permanent contract prior to the end of my set term? Would this help in applying for a mortgage with lend
I am an engineering contractor looking to buy a home in Bedford. My next step is to secure a mortgage ideally from Virgin. Am I best advised to contact Virgin directly or seek the help of a contractor specialist mortgage broker who is used to dealing with contractors and Virgin.
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 understand that for some banks ‘contractors’ can be a red flag to their lending decision. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. In particular I have my eye on a mortgage deal with Virgin
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from Virgin