Family Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Family Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Family Building Society and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
What is current approach to contractor mortgages and Family Building Society? I am a contractor but my hubby has a permanent job. Will Family Building Society take my salary should we make an application in both our names?
Do any sections of the UK Finance Lender's Handbook set out the requirements for Family Building Society when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with Family Building Society 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.
My wife and I are soon to submit for our first mortgage application with Family Building Society. Later this year I start working as a contractor. My wife is time employed as a lawyer and does have a meaningful salary. Is it going to be a case of just getting a non-contractor mortgage with Family Building Society in my wife’s name only?
Could a contractor mortgage with Family Building Society be a better option for me than a traditional Family Building Society mortgage ?
The content set out above covers to properties in England and Wales.
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