Royal Bank of Scotland Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Royal Bank of Scotland offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Royal Bank of Scotland 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 an IFA regarding my remortgage because I have just won a fixed term contract of two years (an IT contractor). My contract started date last year. I am seeking a three year fixed rate mortgage. Property value £325k, I want to borrow 132K. I purchased the property four years ago for 138K and I currently owe 115k to Royal Bank of Scotland
What is current approach to contractor mortgages and Royal Bank of Scotland? I am a contractor but my partner has a permanent job. Will Royal Bank of Scotland take my salary were we to make an application in both our names?
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 application unless my current manager issues a letter saying my contract will definitely get extended and when new end date will be. Any advice?
Even though I am a contractor (freelance journalist) do I really need to supply at least six months of both business and personal bank statements as part of the vetting process for Royal Bank of Scotland.I am not convinced that my broker is correct.
Is it true that as contractor I would need a huge deposit up to as much as 50 per cent to qualify for a mortgage with Royal Bank of Scotland.
The above information is in relation to properties in England and Wales.
Find out how to order your redemption statement request from Royal Bank of Scotland