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 have retained a broker regarding my remortgage because I have just won a fixed term contract of two years (an IT contractor). My contract begin date earlier this year. I am seeking a five year fixed rate mortgage. Property worth £325k, I want to borrow £150,000. I purchased the property three years ago for £157,000 and I currently owe 120K to RBS - Direct Line One

What is current approach to contractor mortgages and RBS - Direct Line One? I am a contractor but my hubby has a permanent job. Will RBS - Direct Line One take my salary were we to make an application in both our names?

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.

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?

I don't know if RBS - Direct Line One grant contractor mortgages but in the event that they do how does a RBS - Direct Line One contractor mortgage differ from a standard mortgage?

The content set out above covers to properties in England and Wales.

Find out how to order your redemption statement request from RBS - Direct Line One

For CQS-Accredited firms, click here for a CQS Dealing with Lenders Policy