Aviva Equity Release Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Aviva Equity Release offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Aviva Equity Release 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 Aviva Equity Release) adopt to categorise a borrower as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?
Going through the contractor mortgage process to move to a buy to let with a new lender. All documents done and submitted. Received a call from the lender to say they can't move ahead with process unless my current manager writes me a letter confirming that my contract will definitely get extended and when new end date will be. Any thoughts?
My wife and I are soon to submit for our first mortgage application with Aviva Equity Release. Later this year I start working as a contractor. My wife is time employed as an accountant and does have a meaningful salary. Is it going to be a case of just getting a non-contractor mortgage with Aviva Equity Release in my wife’s sole name?
My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?
As a contractor (freelance journalist) do I really need to supply at least six months of both business and personal bank statements as part of the vetting process for Aviva Equity Release.I am not convinced that my broker is correct.
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Aviva Equity Release