RBS- First Active Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether RBS- First Active offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about RBS- First Active and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

I am seeking some mortgage advice. I am currently on a grad scheme, 18 months into a two contract. However, I'm unlikely to be moved onto a permanent contract until around December time. So I suppose my query is, will RBS- First Active even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I have been dealing with a mortgage adviser concerning my remortgage because I have just won a fixed term contract of two years (on a grad scheme). My contract begin date last year. I am seeking a 5 year fixed rate mortgage. Property worth 165K, I want to borrow £150,000. I bought the property four years ago for £220,500 and I currently owe 120K to RBS- First Active

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'm a media contractor, based on my accounts, my average net profit and director's salary is £65,876. I am looking to purchase a house in loc. What are the chances of being able to borrow 195k via a contractor mortgage with Broadstone

Could a contractor mortgage with RBS- First Active be a better option for me than a traditional RBS- First Active mortgage ?

The above information covers to properties in England and Wales.

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