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 seeking some mortgage advice. I am currently on a grad scheme, 12 months into a 2 contract. However, I'm unlikely to be moved onto a permanent contract until around May time. So I suppose my question is, will Bank of Ireland even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

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 Bank of Ireland?

Going through the contractor mortgage process to move to a buy to let with a new mortgage company. All documents done and sent. Received a call from the lender to say they can't move forward with process unless my current manager issues a letter saying my contract will definitely be prolonged and when new end date will be. Any thoughts?

How can I make myself more attractive to a lender such as Bank of Ireland when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

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 Bank of Ireland.I am not convinced that my broker is correct.

The above information is in relation to properties in England and Wales.

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