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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

Renting compared to having a mortgage
Contractors will generally find that buying a house with a mortgage makes more financial sense than renting a property.
…nd let it. Most contractors have more than enough contracting income so that a specialist contractor broker can…
Category: Articles: Mortgages | Mon, 03 Aug 2015

10 top tips for securing contractor mortgages and loans
Contractors can increase their chances of securing mortgages by using these top tips from a contractor mortgage expert.
…m being awarded the mortgage. 8 - Avoid breaks in contracting One of the attractions of the contracting lifesty… …on to do so, as they can have runs of high-paying contracts that allow them to pay healthy dividends. When th… …enders. 2 - Find a lender happy to use annualised contract rates to set lending limits The good news for con…
Category: Articles: Mortgages | Wed, 27 Apr 2016

Why buy to let (BTL)? Property is great for increasing your income
Get guaranteed income after you retire from contracting. Find out how investing your money in buy-to-let property could be the best decision you make!
…ment could guarantee you a source of revenue when contracts are few and far between, or help you build up a h…
Category: Articles: Mortgages | Fri, 21 Oct 2016

First-time contracts for contractors
The principles of business law, how contracts are made, and what contractors should look for in their first contract.
…ss law will help you to understand how contractor contracts are made, and the specific clauses that yours sho… …ided within a certain time. Unlike employees, who contract for a great many services for a fixed rate of pay…
Category: Articles: Legal | Tue, 22 May 2007

A guide for contractors: terminating a contract
There are a number of issues contractors should be aware of if they choose to terminate their contracts.
…yden notes a recent trend in which agents propose contracts which cannot be terminated by the contractor. ''T… …Your contract with any client or agent should include a clause…
Category: Articles: Legal | Thu, 31 May 2007

When contractors dispute working hours with clients
Some clients will simply pile on working hours without any consideration about what you've agreed to in the contract. Others will just add a few extra here and there. What are your rights?
…happens all the time without regard to journalist contracts--and you have to accept that as part of the job.… …ained by David Royden, a a lawyer specialising in contract law with Laytons Solicitors in Manchester: ''Your…
Category: Articles: Legal | Fri, 29 Jun 2007

How contractors should handle restrictive covenants: part 1 - the agencies
Many contracts between contractors and agencies include clauses called restrictive covenants: they prevent the contractor from working directly for the client and some others. Here's how they work.
…Many contracts between contractors and agencies include clauses… …client and other related organisations after the contract period is over. Their purpose is to protect the a…
Category: Articles: Legal | Tue, 02 Oct 2007