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 a self employed contractor. Mortgage options are being looked at but its problematic. I have considered is whether I could get a letter from my company clarifying that I will be moved onto a permanent contract prior to the end of my set term? Would this assist in applying for a mortgage with lend
What is current approach to contractor mortgages and Bank of Ireland? I am a contractor but my partner has a permanent job. Will Bank of Ireland take my salary if we make an application in both our names?
I am finding the process of looking for a contractor mortgage extremely frustrating. There doesn't seem to be many lenders who really understand my situation and the challenges faced 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 (IT consultant) do I really need to produce at least six months of both business and personal bank statements as part of the vetting process for Bank of Ireland.I am not convinced that my broker is correct.
Is it correct that that as contractor I would require a huge deposit up to as much as 50 per cent to qualify for a mortgage with Bank of Ireland.
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from Bank of Ireland