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Contractors can recover unclaimed travel expenses from past contracts
If a contractor has failed to claim for past travel expenses, these can still be recovered under certain conditions.
�e within the so-called ‘24 month rule’, and which contracts were not covered. Any travel expenses would not b� �, even if they had been legitimately working on a contract for which the travel expenses were eligible. Temp�
Category: Articles: Expenses | Mon, 29 Sept 2008

Contractors can use offset mortgages to save tax
With the credit crunch biting, and mortgage companies removing special offers, contractors can still use offset mortgages to get the flexibility they need.
�vice. "You can take a break from payments between contracts, or away on a long holiday, and then when you sta� �is easy explains the expert: "We have negotiated contract based underwriting with many of the main provider�
Category: Articles: Mortgages | Thu, 12 Jun 2008

Contractor mortgages - Mortgage Market Reviews (MMR) explained
Contractors using expert mortgage brokers who understand contracting should be relatively unaffected.
�of their current CV so the lender can view their contracting history Two forms of ID, such as a passport and d� �not need to provide bank statements, accounts and contracts. Contractors can no longer benefit from fast-trac� �ractors mortgages based on their gross annualised contract rate, so in many respects it is business as usual�
Category: Articles: Mortgages | Mon, 28 Jul 2014

Contractor mortgages: a guide to mortgage options
Contractors can access the same range of mortgage deals via specialist brokers as those offered to employees
�ailable, see the Contractor Calculator article, “ Contracting and mortgages: contractor mortgage products .”� �ordability calculations that are applied to gross contract values. The lender will want to see a signed copy�
Category: Articles: Mortgages | Wed, 04 Feb 2015

Contractor Mortgages – Frequently Asked Questions (FAQs)
Contractors should have no problem securing a competitively priced mortgage from lenders who understand how contracting works.
�lender and financial adviser that understands how contracting works. The reasons why contractors struggle to ob� �ers right up to the day the householders exchange contracts. What can happen is that the lender conducts some� �e and a knowledge of contractors and they use the contract to define a contractor’s income. 3. Do I need thr�
Category: Articles: Mortgages | Thu, 14 May 2015

Getting a contractor mortgage – process and timings
Contractors should secure a robust mortgage finance agreement from their lender before they even start to look at properties.
�sale of an existing property or savings. Historic contracts may also be requested. Ideally, contractors shoul� �: We would ask for a copy of the contractor’s CV, contract, and other client specific evidence, build the co�
Category: Articles: Mortgages | Wed, 27 May 2015

Contractor mortgages – assessment and qualification criteria
Contractors must meet a range of mortgage lender assessment and qualification criteria if they are to secure a mortgage.
�hers are making the transition from employment to contracting and their increased income has prompted the desir� �an up-to-date CV showing many years of successful contracts, and copies of their past contracts that can be a� �losure. So, if a contractor is not currently in a contract and cannot prove their income from conventional m�
Category: Articles: Mortgages | Wed, 17 Jun 2015

Had trouble as a contractor getting a mortgage?
Contractors having trouble getting a mortgage may be able to secure funding by applying via a contractor specialist.
�adviser that has access to lenders who understand contracting. Most contractors should be able to get a mortgag�
Category: Articles: Mortgages | Thu, 25 Jun 2015

Contractor mortgages – a guide to the preferred lenders
Contractors can secure highly competitive contracting-specific mortgages from lenders but only through specialist brokers.
�‘day one’ contractors who have just started their contracting careers, and will also take on contractors from o� �mi-business’ mortgage solutions Metro Bank offers contract-based underwriting, which means it bases a contra�
Category: Articles: Mortgages | Wed, 29 Jul 2015

Buying a newly built home as a contractor
Contractors will find that mortgage applications for newly built homes are different as lenders requirements are more demanding.
�inancial adviser is so important. If you exchange contracts on a new property bought off-plan that is current� �und to complete the deal and part with 10% of the contract value. If you can’t complete within 12 to 18 mont�
Category: Articles: Mortgages | Thu, 30 Jul 2015