Ulster Bank Contractor Mortgages - Help and FAQs

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

I am a self employed contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company clarifying that I will be transferred onto a permanent contract before the expiry of my set term? Would this assist my cause when applying for a mortgage with lend

I am finding the process of looking for a contractor mortgage extremely frustrating. I can't seem to find any lenders who really understand my situation and the challenges faced being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.

As a contractor (HR consultant) do I really need to produce at least six months of both business and personal bank statements as part of the vetting process for Ulster Bank.I am not convinced that my broker is correct.

Is it correct that Ulster Bank quote higher interest rates when it comes to mortgages for contractors?

I have no idea whether Ulster Bank grant contractor mortgages but if they do how does a Ulster Bank contractor mortgage differ from a traditional home loan?

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

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