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 criteria does a mortgage lender (for example Ahli United Bank) use to class a borrower as a contractor or self-employed. For instance does one have to own more than a particular percentage of a business?
Me and and my wife are soon to submit for our first mortgage application with Ahli United Bank. Later this year I start working as a contractor. My wife is time employed as an accountant and does have a meaningful income. Is it going to be a case of just getting a non-contractor mortgage with Ahli United Bank in my wife’s name only?
How can I make myself more attractive to a lender such as Ahli United Bank when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
Is it true that as contractor I would need a huge deposit up to as much as 50 per cent to qualify for a mortgage with Ahli United Bank.
I have no idea whether Ahli United Bank are in the business of issuing contractor mortgages but if they do how does a Ahli United Bank contractor mortgage differ from a traditional home loan?
The content set out above covers to properties in England and Wales.
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