Aviva Equity Release Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Aviva Equity Release offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Aviva Equity Release 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 Aviva Equity Release?
What criteria does a mortgage lender (for example Aviva Equity Release) adopt to class a borrower as a contractor or self-employed. For instance does one have to own more than 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 paperwork completed and sent. Received a call from the lender to say they can't move forward with process unless my current manager issues a letter confirming that my contract will definitely be prolonged and when new end date will be. Any thoughts?
Myself and my husband are currently about to apply for a mortgage with Aviva Equity Release. Next month I commence working as a contractor. My husband is full time employed and so does have a meaningful income. Is it going to be a case of just getting a non-contractor mortgage with Aviva Equity Release in my husband’s name alone?
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?
The above information covers to properties in England and Wales.
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