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 am a media contractor looking to buy a home in London. My next step is to secure a mortgage ideally from Nedbank. Should I contact Nedbank directly or seek the assistance of a contractor specialist mortgage broker who focuses on dealing with contractors and Nedbank.

Does the CML Lender's Handbook stipulate the requirements for Nedbank when it comes to contractor mortgages or self-employed mortgages.

As contractor looking for a mortgage with Nedbank will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.

I am finding the process of trying to obtain a contractor mortgage very frustrating. I can't seem to find any 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.

I don't know whether Nedbank grant contractor mortgages but in the event that they do how does a Nedbank contractor mortgage differ from a standard mortgage?

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

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