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 am a freelance contractor. Mortgage options are being looked at but its problematic. I have considered is whether I could get a letter from my company confirming I will be transferred onto a permanent contract before the expiry of my set term? Would this assist in applying for a mortgage with lend
What is the situation with contractor mortgages and Nedbank? I am a contractor but my OH has a permanent job. Will Nedbank take my salary were we to make an application in both our names?
As contractor looking for a mortgage with Nedbank will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.
Going through the contractor mortgage process to move to a buy to let with a new lender. All paperwork completed and sent. Received a call from the lender to say they can't move ahead with process unless my current manager issues a letter saying my contract will definitely get extended and when new end date will be. Any advice?
Is it correct that Nedbank quote higher interest rates in respect of mortgages for contractors?
The above information is in relation to properties in England and Wales.
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