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.
What is current approach to contractor mortgages and RBS - Direct Line One? I am a contractor but my partner has a permanent job. Will RBS - Direct Line One take my salary were we to make an application in both our names?
What criteria does a mortgage lender (for example RBS - Direct Line One) adopt to class a borrower as a contractor or self-employed. For instance does one have to own more than a particular percentage of a company?
Going through the contractor mortgage process to move to a buy to let with a new bank. All documents done and submitted. Received a call from the lender to say they can't move forward with process unless my current manager writes me a letter confirming that my contract will definitely be prolonged and when new end date will be. Any advice?
Myself and my husband are currently about to apply for a mortgage with RBS - Direct Line One. Next month I commence working as a contractor. My husband is full time employed and so does have a healthy salary. Is it going to be a case of just getting a non-contractor mortgage with RBS - Direct Line One in my husband’s sole name?
Could a contractor mortgage with RBS - Direct Line One be a better option for me than a traditional RBS - Direct Line One mortgage ?
The above information covers to properties in England and Wales.
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