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Contractor Mortgages Explained

February 21st, 2012 by

Contractors and freelancers often face a difficult time securing mortgages for a number of different reasons. This can turn what should be a relatively simple process into a minefield of confusion, especially in today’s lending climate with most Banks and Building Societies reluctant to lend and self certification mortgages being a thing of the past.

Ben Rogers a Senior Mortgage and Protection Consultant from Power Mortgages Ltd (http://www.powermortgages.co.uk), a mortgage and protection brokerage who specialise in helping Contractors and Freelancers explains how a Contractor mortgage works.

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Posted in Contractor Mortgages

December 2010 HMRC Ministerial Statements Affecting Payment Options for Contractors

May 13th, 2011 by

As you may or may not be aware on 6th and 9th December 2010, HMRC released Ministerial Statements advising that legislation will be introduced to tackle arrangements involving trusts or other vehicles used to reward employees and that of disguised income.

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Posted in Contracting