RBS (One Account) Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether RBS (One Account) offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about RBS (One Account) and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

I am an engineering contractor looking to buy a home in London. My next step is to secure a mortgage ideally with RBS (One Account). Am I best advised to contact RBS (One Account) directly or seek the assistance of a contractor specialist mortgage broker who focuses on dealing with contractors and RBS (One Account).

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 RBS (One Account)?

I am finding the process of trying to obtain 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.

My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?

Is it correct that RBS (One Account) quote higher interest rates when it comes to mortgages for contractors?

The above information is in relation to properties in England and Wales.

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