Bank of Ireland Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Bank of Ireland offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Bank of Ireland 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 finacial contractor, One year into a 2 contract. the chances of me being moved onto an employed basis are slim. So I suppose my question is, will Bank of Ireland even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I have been dealing with a mortgage adviser concerning my remortgage because I am on a fixed term contract of four years (on a grad scheme). My contract started date this year. I am seeking a five year fixed rate mortgage. Property value £200,000, I want to borrow 132K. I purchased the property three years ago for £220,500 and I currently owe 120K to Bank of Ireland

I am Oil & Gas contractor looking to buy a home in Bedford. My next step is to secure a mortgage ideally from Bank of Ireland. Am I best advised to contact Bank of Ireland directly or seek the help of a contractor specialist mortgage broker who is used to dealing with contractors and Bank of Ireland.

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 75k contractor mortgage with a lender such as Bank of Ireland?

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?

The above information is in relation to properties in England and Wales.

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