Aldermore Bank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Aldermore Bank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Aldermore Bank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have been dealing with a broker concerning my remortgage because I have just won a fixed term contract of 3 years (on a grad scheme). My contract started date this year. I am looking for a three year fixed rate deal. Property value £325k, I want to borrow 132K. I bought the property three years ago for £157,000 and I currently owe 165k to Aldermore Bank
What is the situation with contractor mortgages and Aldermore Bank? I am a contractor but my husband has a permanent job. Will Aldermore Bank take my salary if we make a joint application?
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 85k contractor mortgage with a lender such as Aldermore Bank?
Me and and my wife are soon to submit for our first mortgage application with Aldermore 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 Aldermore Bank in my wife’s sole name?
How can I make myself more attractive to a lender such as Aldermore Bank when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Aldermore Bank