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 seeking some mortgage advice. I am currently on a grad scheme, 18 months into a two contract. the chances of me being moved onto a permanent contract are slim. So I suppose my question is, will Royal Bank of Scotland even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I’m in a bit of an onerous situation in as much as I and my partner are both self-employed (contractors) without any great accounts to show, although things are on the up I hope for this to change shortly. Basically my question for you is how hard would it be to get a 125k contractor mortgage with a lender such as Royal Bank of Scotland?

Does the CML Lender's Handbook stipulate the requirements for Royal Bank of Scotland when it comes to contractor mortgages or self-employed mortgages.

Notwithstanding that I am a contractor (freelance journalist) do I really need to have three years of accounts in order to apply for a mortgage with lend? Do Royal Bank of Scotland even grant mortgages to contactors ?

I'm an engineering 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 borrowing 180k by way of a contractor mortgage with Broadstone

The content set out above is in relation to properties in England and Wales.

Find out how to order your redemption statement request from Royal Bank of Scotland

For CQS-Accredited firms, click here for a CQS Dealing with Lenders Policy