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 am seeking some mortgage advice. I am currently on a grad scheme, 12 months into a 2 contract. the chances of me being moved onto an employed basis are slim. So I suppose my query is, will Aldermore Bank even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What is the situation with contractor mortgages and Aldermore Bank? I am a contractor but my partner has a permanent job. Will Aldermore Bank take my salary should 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 75k contractor mortgage with a lender such as Aldermore Bank?
Do any sections of the CML Lender's Handbook set out the requirements for Aldermore Bank when it comes to contractor mortgages or self-employed mortgages.
Even though I am a contractor (IT consultant) do I really need to supply at least six months of both business and personal bank statements as part of the vetting process for Aldermore Bank.I am not convinced that my broker is correct.
The content set out above covers to properties in England and Wales.
Find out how to order your redemption statement request from Aldermore Bank