Coutts & Co Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Coutts & Co offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Coutts & Co and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have been dealing with a mortgage adviser concerning my remortgage because I have just won a fixed term contract of four years (a media contractor). My contract started date this year. I am seeking a three year fixed rate mortgage. Property worth £325k, I want to borrow 132K. I purchased the property 3 years ago for £157,000 and I currently owe 120K to Coutts & Co
As contractor looking for a mortgage with Coutts & Co 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.
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new mortgage company. All paperwork completed and sent. Received a call 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?
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?
Could a contractor mortgage with Coutts & Co be a better option for me than a traditional Coutts & Co mortgage ?
The above information covers to properties in England and Wales.
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