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’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?
Myself and my husband are currently about to apply for a mortgage with Bank of Ireland. Next month I commence working as a contractor. My husband is full time employed and so does have a six figure salary. Is it going to be a case of just getting a non-contractor mortgage with Bank of Ireland in my husband’s sole name?
I am finding the process of looking for a contractor mortgage extremely frustrating. I can't seem to find any 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.
Even though I am a contractor (freelance journalist) do I really need to supply at least six months of both business and personal bank statements as part of the due diligence process for Bank of Ireland.I am not convinced that my broker is correct.
I have no idea if Bank of Ireland are in the business of issuing contractor mortgages but in the event that they do how does a Bank of Ireland contractor mortgage differ from a traditional home loan?
The content set out above is in relation to properties in England and Wales.
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