Rely Mortgages Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Rely Mortgages offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Rely Mortgages and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have retained an IFA concerning my remortgage because I have just won a fixed term contract of four years (an engineering contractor). My contract begin date earlier this year. I am seeking a three year fixed rate deal. Property worth £200,000, I want to borrow 132K. I bought the property four years ago for £220,500 and I currently owe 115k to Rely Mortgages
What is the situation with contractor mortgages and Rely Mortgages? I am a contractor but my partner has a permanent job. Will Rely Mortgages take my salary if we make an application in both our names?
I’m in a bit of an onerous situation in as much as I and my partner are both self-employed (contractors) without any great accounts to show, although things are on the up I hope for this to change shortly. Basically my question for you is how hard would it be to get a 95k contractor mortgage with a lender such as Rely Mortgages?
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?
How can I make myself more attractive to a lender such as Rely Mortgages when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from Rely Mortgages