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.
For some years now I have been a self employed contractor. Mortgage options are being looked at but it's problematic. Is it worth me considering whether it would be possible for my boyfriend to get the mortgage with RBS- First Active in his name using our joint deposit and for me to be added at a later date?
Myself and my fiance are currently about to apply for our first mortgage with RBS- First Active. However, after studying, I've just this month started working as a contractor, although I'm yet to register etc with HMRC. My fiance is full time employed as an accountant, and so does have a healthy incomefor us to put forward. I was hoping to get some advice on how my contractor status will affect us getting an application approved please?
How can I make myself more attractive to a lender such as RBS- First Active when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
Is it true that as contractor I would need a significant deposit up to as much as 50 per cent to qualify for a mortgage with RBS- First Active.
Could a contractor mortgage with RBS- First Active be a better option for me than a standard RBS- First Active mortgage ?
The above information covers to properties in England and Wales.
Find out how to order your redemption statement request from RBS- First Active