Landbay Partners Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Landbay Partners offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Landbay Partners and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
What is the situation with contractor mortgages and Landbay Partners? I am a contractor but my OH has a permanent job. Will Landbay Partners take my salary were we to make a joint application?
What criteria does a mortgage lender (for example Landbay Partners) use to categorise a borrower as a contractor or self-employed. For instance does one have to own more than a particular percentage of a company?
Me and and my wife are soon to submit for our first mortgage application with Landbay Partners. Later this year I start working as a contractor. My wife is time employed as a lawyer and does have a healthy salary. Is it going to be a case of just getting a non-contractor mortgage with Landbay Partners in my wife’s sole name?
As a contractor (freelance journalist) is it necessary for me to produce at least six months of both business and personal bank statements as part of the due diligence process for Landbay Partners.I am not convinced that my broker is correct.
I don't know whether Landbay Partners grant contractor mortgages but in the event that they do how does a Landbay Partners contractor mortgage differ from a traditional mortgage?
The above information covers to properties in England and Wales.
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