Tipton Coseley Building Society Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Tipton Coseley Building Society offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Tipton Coseley 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 a finacial contractor, 12 months into a two contract. the chances of me being moved onto an employed basis are slim. So I suppose my query is, will Tipton Coseley Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have been dealing with an IFA regarding my remortgage because I am on a fixed term contract of 3 years (an IT contractor). My contract begin date earlier this year. I am looking for a 5 year fixed rate deal. Property value £200,000, I want to borrow £150,000. I purchased the property three years ago for £157,000 and I currently owe 120K to Tipton Coseley Building Society
For three years now I have been a self employed contractor. Mortgage options are being looked at but it's a minefield. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Tipton Coseley Building Society in his name using our joint deposit and for me to be added at a later date?
What criteria does a mortgage lender (for example Tipton Coseley Building Society) use to class someone as a contractor or self-employed. For instance does one have to own over a particular percentage of a business?
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?
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