Ahli United Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Ahli United Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Ahli United Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
What is the situation with contractor mortgages and Ahli United Bank? I am a contractor but my OH has a permanent job. Will Ahli United Bank take my salary should we make an application in both our names?
I am a finacial contractor looking to buy a home in London. My next step is to secure a mortgage ideally with Ahli United Bank. Should I contact Ahli United Bank directly or seek the assistance of a contractor specialist mortgage broker who is used to dealing with contractors and Ahli United Bank.
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new mortgage company. All paperwork completed and submitted. Received communication from the lender to say they can't move ahead with application unless my current manager issues a letter saying my contract will definitely be prolonged and when new end date will be. Any advice?
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 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.
I am lead to believe that mortgage lenders generally consider contractors as high risk applicants; so require 3 years’ accounts to validate mortgage affordability. In my case as an engineering contractor, this evidence is unlikely to reflect an accurate picture of my income potential. Will a contractor-focused IFAs utilise bespoke underwriting with lenders such as Ahli United Bank.
The above information is in relation to properties in England and Wales.
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