Saffron Building Society Contractor Mortgages - Help and FAQs

I am seeking some mortgage advice. I am currently an engineering contractor, 18 months into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around May time. My query is, will Saffron Building Society even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

As contractor looking for a mortgage with Saffron 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.

Me and and my wife are soon to submit for our first mortgage application with Saffron Building Society. Later this year I start working as a contractor. My wife is time employed as a surgeon and does have a six figure income. Is it going to be a case of just getting a non-contractor mortgage with Saffron Building Society in my wife’s sole name?

I understand that for some banks ‘contractors’ can be a red flag to their lending decision. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. I am particularly interested in a mortgage deal with Saffron Building Society

I am lead to believe that mortgage lenders in the main view contractors as high risk applicants; so demand 3 years’ accounts to substantiate mortgage affordability. In my case as a media contractor, this evidence is unlikely to paint an accurate picture of my income potential. Will a contractor-focused mortgage broker remove the hassle by maximising use of the expertise and contacts they have established.