Bank of Ireland Mortgages Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Bank of Ireland Mortgages offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Bank of Ireland Mortgages and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

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 85k contractor mortgage with a lender such as Bank of Ireland Mortgages?

What criteria does a mortgage lender (for example Bank of Ireland Mortgages) use to categorise someone as a contractor or self-employed. For instance does one have to own over a particular percentage of a business?

in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new bank. All documents done and submitted. Received a call from the lender to say they can't move ahead with application unless my current manager issues a letter confirming that my contract will definitely get extended and when new end date will be. Any thoughts?

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?

I have no idea whether Bank of Ireland Mortgages are in the business of issuing contractor mortgages but in the event that they do how does a Bank of Ireland Mortgages contractor mortgage differ from a standard home loan?

The above information covers to properties in England and Wales.

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