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Remortgage market picks up with new opportunities for contractors
As the mortgage drought eases, contractors have wider remortgage options but an expert IFA says forward planning is essential.
�. This means that many lenders who don’t know the contracting market are nervous about lending to contractors.”� �st and insisting on a larger deposit. Multiple of contract rate According to the IFA expert, new models have�
Category:
News
| Mon, 15 Sept 2008
Contractors seeking mortgages must act before interest rate rises, warns expert
Contractors looking for mortgages or to remortgage need to take action now even if rate rises are not anticipated until 2016.
�ith lenders’ underwriters who similarly ‘get’ how contracting works,” continues Kang. “Most of our clients work� �. “However, contractors applying to lenders using contract-based underwriting should have few problems with�
Category:
News
| Tue, 28 Jul 2015
Contractors should take action on mortgages and investments now, or face 2016 delays
Contractors seeking mortgages or buy-to-let alternatives should contact their advisers now to avoid 2016 logjams, say two leading financial experts.
�to start actually subsidising their property with contracting income due to rising tax bills.” Kang believes th�
Category:
News
| Tue, 22 Dec 2015
Contractors seeking to mitigate the Stamp Duty surcharge impact must seek expert help
Contractors seeking to mitigate the impact of the Stamp Duty surcharge taking effect from 1 April 2016 need expert advice.
�tractors looking to buy a property close to their contract location.” The surcharge means contractors could�
Category:
News
| Thu, 31 Mar 2016
MSC legislation will affect relationships between contractors and agencies
The new legislation that penalises managed service companies will definitely affect the relationship between recruiters, agencies, and contractors. Here's what you should know.
�tatus of the companies they run, they risk losing contracts. Failing to ensure independent company status cou� �s a contractor is under consideration for a given contract. Compliance Checks What Lawspeed expects is that�
Category:
News
| Fri, 27 Apr 2007
Exclusive interview: conservative MP Villiers offers hope for contractors on MSC attack
In an exclusive interview with ContractorCalculator, the Honourable Theresa Villiers, Conservative MP for Chipping Barnet, tells us that there is hope for some improvement on the MSC attack by the Treasury
�errible effect this legislation would have on the contracting industry. We asked her if this was a disguised at�
Category:
News
| Wed, 02 May 2007
Treasury sheds light for contractors on managed service companies
Financial Secretary to the Treasury John Healey explained the intentions of managed service company in a House of Commons Committee Debate.
�the text and limited its very broad effect on the contracting industry, were shot down by the Government in a s�
Category:
News
| Wed, 23 May 2007
Changes in the final MSC draft offer help to contractors
Jonathan Legg of Lawrence Graham explains the importance of the changes made before the final draft of the MSC legislation was established.
�s who wish to obtain their services (including by contracting with companies which provide their services).'' T�
Category:
News
| Thu, 19 Jul 2007
Contractors may keep the advance if wrongfully terminated
When a client or agency wrongfully terminates your contract, you can keep the advance even if the work hasn't started.
�rewer Consulting The London-based Dezigner Living contracted with a client named Olga Mirimskaya to rebuild a� �the London-based Brewer Consulting , an expert on contracting law: ''You are now entitled to receipt of advance� �th agencies and clients even before the work on a contract begins. This situation affects construction contr�
Category:
News
| Tue, 09 Oct 2007
Agency Workers Directive looms, yet still no opt-out for contractors
With the Agency Workers Directive expected to come one step closer to becoming law today, what are the implications for contractors?
�before renewal becomes necessary. Damaging to the contracting sector Ensuring that the legislation does not dam� �d find themselves working on multiple consecutive contracts lasting 11 weeks and 6 days before renewal become�
Category:
News
| Tue, 07 Oct 2008
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