Bank of Ireland Mortgages Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Bank of Ireland Mortgages offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Bank of Ireland Mortgages 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 freelance contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company confirming I will be transferred onto a permanent contract prior to the end of my set term? Would this help my cause when applying for a mortgage with lend

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 95k contractor mortgage with a lender such as Bank of Ireland Mortgages?

What criteria does a mortgage lender (for example Bank of Ireland Mortgages) use to categorise a borrower as a contractor or self-employed. For instance does one have to own more than a particular percentage of a company?

Myself and my fiance are currently about to apply for our first mortgage with Bank of Ireland Mortgages. However, after studying, I've just this month started working as a contractor, although I'm yet to register etc with HMRC. My fiance is full time employed as a lawyer, and so does have a good incomefor us to put forward. I was hoping to get some advice on how my contractor status will affect us getting an application approved please?

Could a contractor mortgage with Bank of Ireland Mortgages be a better option for me than a standard Bank of Ireland Mortgages mortgage ?

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