Contractors and self employed Mortgages
If you work on a contract you can get a loan, but it may not be as easy as for traditionally employed people. Some lenders may be happy if you can prove that your contract has been renewed by the same employer. Others may want to see a pattern of renewals over a one or even a two-year period.
If you've just started your job lenders will look at your case individually. Essentially, they are interested in discovering how employable you are. A key factor, for example, would be if you have long experience in that particular industry. First-jobbers may find themselves being asked to wait for a while.
All articles.
- Royal Institute of Chartered Surveyors forecast good returns for buy to let investors.
- Pension Scheme Investments : Can you use your house as a pension?
- Act Now For A Fixed Rate
- Q & A: Moving your mortgage
- Soaring value of overseas second homes
- Contractors and self employed Mortgages
- Why use Mortgage Brokers
- Mini Property Boom
- House Prices
- High Street Banks. Is there an alternative?
- How Much can I borrow?
- Reef Announces new products
- First Time Buyers helped by Budget