Allied Irish Bank Contractor Mortgages - Help and FAQs

I am seeking some mortgage advice. I am currently on a grad scheme, One year into a three year contract. However, I'm unlikely to be moved onto a permanent contract until around May time. So I suppose my question is, will Allied Irish Bank even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I have been dealing with a mortgage adviser regarding my remortgage because I have just won a fixed term contract of two years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract begin date earlier this year. I am looking for a three year fixed rate mortgage. Property worth £200,000, I want to borrow £150,000. I bought the property four years ago for £220,500 and I currently owe 115k to Allied Irish Bank

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 125k contractor mortgage with a lender such as Allied Irish Bank?

Myself and my husband are currently about to apply for a mortgage with Allied Irish Bank. Next month I commence working as a contractor. My husband is full time employed and so does have a meaningful income. Is it going to be a case of just getting a non-contractor mortgage with Allied Irish Bank in my husband’s name alone?

I am finding the process of trying to obtain a contractor mortgage very 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.