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 have been dealing with an IFA regarding my remortgage because I have just won a fixed term contract of 3 years (on a grad scheme). My contract started date this year. I am looking for a five year fixed rate mortgage. Property value £325k, I want to borrow £150,000. I bought the property 3 years ago for £157,000 and I currently owe 120K to Bank of Ireland Mortgages
What is current approach to contractor mortgages and Bank of Ireland Mortgages? I am a contractor but my hubby has a permanent job. Will Bank of Ireland Mortgages 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 Mortgages when it comes to contractor mortgages or self-employed mortgages.
Is it true that as contractor I would require a huge deposit up to as much as 50 per cent to qualify for a mortgage with Bank of Ireland Mortgages.
I have no idea whether Bank of Ireland Mortgages are in the business of issuing contractor mortgages but if they do how does a Bank of Ireland Mortgages contractor mortgage differ from a traditional home loan?
The content set out above covers to properties in England and Wales.
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