Nedbank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Nedbank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Nedbank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have retained a broker regarding my remortgage because I am on a fixed term contract of 3 years (on a grad scheme). My contract started date this year. I am looking for a 5 year fixed rate deal. Property worth £200,000, I want to borrow £150,000. I bought the property four years ago for £157,000 and I currently owe 120K to Nedbank
I am a media contractor looking to buy a home in London. My next step is to secure a mortgage ideally with Nedbank. Would it be wise to contact Nedbank directly or seek the assistance of a contractor specialist mortgage broker who focuses on dealing with contractors and Nedbank.
Going through the contractor mortgage process to move to a buy to let with a new bank. All paperwork completed and sent. Received a call from the lender to say they can't move forward with application unless my current manager writes me a letter saying my contract will definitely get extended and when new end date will be. Any advice?
How can I make myself more attractive to a lender such as Nedbank when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
I don't know if Nedbank grant contractor mortgages but if they do how does a Nedbank contractor mortgage differ from a standard mortgage?
The above information covers to properties in England and Wales.
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