RBS - Virgin One Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether RBS - Virgin One offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about RBS - Virgin One and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have been dealing with a mortgage adviser regarding my remortgage because I am on a fixed term contract of 3 years (an IT contractor). My contract started date earlier this year. I am looking for a 5 year fixed rate mortgage. Property value 165K, I want to borrow £150,000. I purchased the property 3 years ago for 138K and I currently owe 120K to RBS - Virgin One
I’m in a bit of an onerous situation in as much as I and my partner are both self-employed (contractors) without any great accounts to show, although things are on the up I hope for this to change shortly. Basically my question for you is how hard would it be to get a 95k contractor mortgage with a lender such as RBS - Virgin One?
My wife and I are soon to submit for our first mortgage application with RBS - Virgin One. Later this year I start working as a contractor. My wife is time employed as an accountant and does have a meaningful income. Is it going to be a case of just getting a non-contractor mortgage with RBS - Virgin One in my wife’s name alone?
I am well aware that the days of self-certification contractor mortgages are a thing of the past. Are there any lenders that take the same approach to mortgages for contractors as they do for standard home loan applications. I am particularly interested in a mortgage deal with RBS - Virgin One
Could a contractor mortgage with RBS - Virgin One be a better option for me than a traditional RBS - Virgin One mortgage ?
The above information covers to properties in England and Wales.
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