RBS - Direct Line One Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether RBS - Direct Line One offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about RBS - Direct Line One and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am a finacial contractor looking to buy a home in London. My next step is to secure a mortgage preferably from RBS - Direct Line One. Am I best advised to contact RBS - Direct Line One directly or seek the services of a contractor specialist mortgage broker who focuses on dealing with contractors and RBS - Direct Line One.
As contractor looking for a mortgage with RBS - Direct Line One will they want to assess my experience, my history of contracting, the length of my current contract and the likelihood of it being renewed? If so I will start to get the paperwork together.
I am finding the process of trying to obtain a contractor mortgage extremely frustrating. I can't seem to find any lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
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?
Is it correct that that as contractor I would need a huge deposit up to as much as 50 per cent to qualify for a mortgage with RBS - Direct Line One.
The content set out above covers to properties in England and Wales.
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