RBS (One Account) Contractor Mortgages - Help and FAQs

I am seeking some mortgage advice. I am currently an IT contractor, One year into a three year contract. However, I'm unlikely to be moved onto a permanent contract until around December time. So I suppose my query is, will RBS (One Account) even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I have been dealing with a broker concerning my remortgage because I am on a fixed term contract of two years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract begin date this year. I am looking for a 5 year fixed rate mortgage. Property value £200,000, I want to borrow 132K. I bought the property 3 years ago for £157,000 and I currently owe 165k to RBS (One Account)

I am finding the process of looking for a contractor mortgage extremely frustrating. There doesn't seem to be many lenders who really understand my situation and the challenges faced being a contractor. Are there any mortgage underwriters who apply a common sense to ensure getting a contractor mortgage is as straightforward as possible.

I understand that for some mortgage companies ‘contractors’ can be a red flag to their lending decision. 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 RBS (One Account)

I am lead to believe that mortgage lenders in the main consider contractors as high risk applicants; so require 3 years’ accounts to substantiate mortgage affordability. In my case as a media contractor, this evidence is unlikely to reflect an accurate picture of my income potential. Will a broker specialising in contractor mortgages persuade lenders such as RBS (One Account) to offer funds on the more realistic basis of my contracted rate.