Ahli United Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Ahli United Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Ahli United Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have been dealing with a mortgage adviser regarding my remortgage because I am on a fixed term contract of two years (an IT contractor). My contract started date earlier this year. I am looking for a three year fixed rate mortgage. Property worth 165K, I want to borrow £150,000. I bought the property three years ago for £220,500 and I currently owe 165k to Ahli United Bank
As contractor looking for a mortgage with Ahli United Bank 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.
I am finding the process of trying to obtain a contractor mortgage very frustrating. There doesn't seem to be many lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
How can I make myself more attractive to a lender such as Ahli United Bank when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
I am well aware that the days of self-certification contractor mortgages are long gone. 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 Ahli United Bank
The content set out above covers to properties in England and Wales.
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