RBS - Virgin One Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether RBS - Virgin One offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about RBS - Virgin 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 seeking some mortgage advice. I am currently on a grad scheme, One year into a three year contract. the chances of me being moved onto an employed basis are slim. My question is, will RBS - Virgin One 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 3 years (a media contractor). My contract begin date earlier this year. I am looking for a three year fixed rate mortgage. Property worth £325k, I want to borrow 132K. I purchased the property 3 years ago for £157,000 and I currently owe 115k to RBS - Virgin One
I am a self employed contractor. Mortgage options are being looked at but its tricky. I have considered is whether I could get a letter from my company clarifying that I will be transferred onto a permanent contract before the end of my set term? Would this help my cause when applying for a mortgage with lend
Does the CML Lender's Handbook set out the requirements for RBS - Virgin One when it comes to contractor mortgages or self-employed mortgages.
Myself and my fiance are currently about to apply for our first mortgage with RBS - Virgin One. However, after studying, I've just this month started working as a contractor, although I'm yet to register etc with HMRC. My fiance is full time employed as an accountant, and so does have a healthy salaryfor us to put forward. I was hoping to get some advice on how my contractor status will affect us getting an application approved please?
The above information is in relation to properties in England and Wales.
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