Aldermore Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Aldermore Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Aldermore Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am seeking some mortgage advice. I am currently a media contractor, One year into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around June time. So I suppose my query is, will Aldermore Bank 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 four years (a finacial contractor). My contract begin date earlier this year. I am looking for a three year fixed rate mortgage. Property worth £200,000, I want to borrow 132K. I purchased the property 3 years ago for £220,500 and I currently owe 165k to Aldermore Bank
I am a freelance contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company clarifying that I will be transferred onto a permanent contract prior to the expiry of my set term? Would this assist in applying for a mortgage with lend
I am an engineering contractor looking to buy a home in Bedford. My next step is to secure a mortgage preferably with Aldermore Bank. Am I best advised to contact Aldermore Bank directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and Aldermore Bank.
Do any sections of the CML Lender's Handbook stipulate the requirements for Aldermore Bank when it comes to contractor mortgages or self-employed mortgages.
The above information is in relation to properties in England and Wales.
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