Yorkshire Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Yorkshire Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Yorkshire 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 looking for some mortgage advice. I am currently on a grad scheme, 18 months into a two contract. the chances of me being moved onto a permanent contract are slim. My query is, will Yorkshire Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I am an IT contractor looking to buy a home in Bedford. My next step is to secure a mortgage ideally from Yorkshire Building Society. Am I best advised to contact Yorkshire Building Society directly or seek the assistance of a contractor specialist mortgage broker who focuses on dealing with contractors and Yorkshire Building Society.
What criteria does a mortgage lender (for example Yorkshire Building Society) use to categorise a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a business?
How can I make myself more attractive to a lender such as Yorkshire 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.
Even though I am a contractor (HR consultant) do I really need to supply at least six months of both business and personal bank statements as part of the due diligence process for Yorkshire Building Society.I am not convinced that my broker is correct.
The content set out above is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Yorkshire Building Society