Bank of Ireland Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Bank of Ireland offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Bank of Ireland and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am looking for some mortgage advice. I am currently a media contractor, 12 months into a three year contract. the chances of me being moved onto a permanent contract are slim. My question is, will Bank of Ireland even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What is the situation with contractor mortgages and Bank of Ireland? I am a contractor but my partner has a permanent job. Will Bank of Ireland take my salary if we make an application in both our names?
Do any sections of the CML Lender's Handbook stipulate the requirements for Bank of Ireland when it comes to contractor mortgages or self-employed mortgages.
As contractor looking for a mortgage with Bank of Ireland will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.
Even though I am a contractor (in the Oil & Gas industry) do I really need to supply at least six months of both business and personal bank statements as part of the vetting process for Bank of Ireland.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 Bank of Ireland