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 am seeking some mortgage advice. I am currently an IT contractor, One year into a 2 contract. the chances of me being moved onto a permanent contract are slim. My question is, will Royal Bank of Scotland even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
I have retained an IFA concerning my remortgage because I am on a fixed term contract of two years (a finacial contractor). My contract started date this 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 165k to Royal Bank of Scotland
I am a freelance contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company confirming I will be moved onto a permanent contract before the expiry of my set term? Would this assist my cause when applying for a mortgage with lend
Do any sections of the UK Finance Lender's Handbook set out the requirements for Royal Bank of Scotland when it comes to contractor mortgages or self-employed mortgages.
Notwithstanding that I am a contractor (freelance journalist) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Royal Bank of Scotland even grant mortgages to contactors ?
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