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 a broker concerning my remortgage because I am on a fixed term contract of two years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract started date last year. I am looking for a three year fixed rate deal. Property worth 165K, I want to borrow £150,000. I bought the property three years ago for £220,500 and I currently owe 120K to Royal Bank of Scotland

What is current approach to contractor mortgages and Royal Bank of Scotland? I am a contractor but my OH has a permanent job. Will Royal Bank of Scotland take my salary should we make an application in both our names?

Does the CML Lender's Handbook stipulate the requirements for Royal Bank of Scotland when it comes to contractor mortgages or self-employed mortgages.

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?

How can I make myself more attractive to a lender such as Royal Bank of Scotland when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

The above information covers to properties in England and Wales.

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