Nedbank Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Nedbank offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Nedbank and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have retained a broker regarding my remortgage because I have just won a fixed term contract of two years (on a grad scheme). My contract begin date earlier this year. I am looking for a five year fixed rate mortgage. Property value £200,000, I want to borrow £150,000. I purchased the property 3 years ago for 138K and I currently owe 115k to Nedbank
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?
How can I make myself more attractive to a lender such as Nedbank when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
I understand that for some banks ‘contractors’ can be a red flag to their lending decision. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. I am particularly interested in a mortgage deal with Nedbank
I have no idea whether Nedbank grant contractor mortgages but if they do how does a Nedbank contractor mortgage differ from a traditional mortgage?
The content set out above covers to properties in England and Wales.
Find out how to order your redemption statement request from Nedbank