Royal Bank of Scotland -Natwest One Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Royal Bank of Scotland -Natwest One offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Royal Bank of Scotland -Natwest One and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am looking for some mortgage advice. I am currently a media contractor, One year into a two contract. the chances of me being moved onto an employed basis are slim. My question is, will Royal Bank of Scotland -Natwest One even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?
What is current approach to contractor mortgages and Royal Bank of Scotland -Natwest One? I am a contractor but my hubby has a permanent job. Will Royal Bank of Scotland -Natwest One take my salary should we make an application in both our names?
How can I make myself more attractive to a lender such as Royal Bank of Scotland -Natwest One when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.
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. In particular I have my eye on a mortgage deal with Royal Bank of Scotland -Natwest One
My research online indicates that banks and building societies in the main consider contractors as high risk applicants; so require 3 years’ accounts to validate mortgage affordability. In my case as a finacial contractor, this evidence is unlikely to paint an accurate picture of my income potential. Will a contractor-focused mortgage broker remove the hassle by making use of the expertise and contacts they have built up.
The above information is in relation to properties in England and Wales.
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