Royal Bank of Scotland Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Royal Bank of Scotland 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 and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I am Oil & Gas contractor looking to buy a home in Nottingham. My next step is to secure a mortgage preferably from Royal Bank of Scotland. Would it be wise to contact Royal Bank of Scotland directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and Royal Bank of Scotland.
in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new mortgage company. All paperwork completed and submitted. Received communication from the lender to say they can't move forward with application unless my current manager writes me a letter confirming that my contract will definitely be prolonged and when new end date will be. Any thoughts?
I am finding the process of looking for a contractor mortgage very frustrating. There doesn't seem to be many lenders who really understand my situation and the peculiarities of being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.
Is it correct that that as contractor I would need a huge deposit up to as much as 50 per cent to qualify for a mortgage with Royal Bank of Scotland.
I don't know if Royal Bank of Scotland are in the business of issuing contractor mortgages but if they do how does a Royal Bank of Scotland contractor mortgage differ from a traditional home loan?
The above information is in relation to properties in England and Wales.
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