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.
For two years now I have been a self employed contractor. Mortgage options are being looked at but it's a minefield. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with Nedbank in his name using our joint deposit and for me to be added at a later date?
What criteria does a mortgage lender (for example Nedbank) use to class someone as a contractor or self-employed. For instance does one have to own over a particular percentage of a company?
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new bank. All documents done and submitted. Received a call from the lender to say they can't move forward with process unless my current manager writes me a letter confirming that my contract will definitely be prolonged and when new end date will be. Any thoughts?
Me and and my wife are soon to submit for our first mortgage application with Nedbank. Later this year I start working as a contractor. My wife is time employed as a lawyer and does have a meaningful income. Is it going to be a case of just getting a non-contractor mortgage with Nedbank in my wife’s sole name?
Could a contractor mortgage with Nedbank be a better option for me than a traditional Nedbank mortgage ?
The above information is in relation to properties in England and Wales.
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