RBS - Direct Line Contractor Mortgages - Help and FAQs
Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether RBS - Direct Line offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about RBS - Direct Line and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.
I have retained a mortgage adviser concerning my remortgage because I am on a fixed term contract of 3 years (on a grad scheme). My contract started date last year. I am looking for a five year fixed rate deal. Property value 165K, I want to borrow £150,000. I bought the property three years ago for £220,500 and I currently owe 165k to RBS - Direct Line
I am an engineering contractor looking to buy a home in Bedford. My next step is to secure a mortgage preferably with RBS - Direct Line. Should I contact RBS - Direct Line directly or seek the assistance of a contractor specialist mortgage broker who focuses on dealing with contractors and RBS - Direct Line.
Me and and my wife are soon to submit for our first mortgage application with RBS - Direct Line. Later this year I start working as a contractor. My wife is time employed as an accountant and does have a six figure income. Is it going to be a case of just getting a non-contractor mortgage with RBS - Direct Line in my wife’s sole name?
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 - Direct Line
Is it true that RBS - Direct Line quote higher interest rates in respect of mortgages for contractors?
The content set out above covers to properties in England and Wales.
Find out how to order your redemption statement request from RBS - Direct Line