Navigating the world of mortgages can be a daunting task, especially for sole traders. You may find yourself asking, “How [...]
CIS is short for ‘Construction Industry Scheme’ and was set up by HM Revenue & Customs (HMRC) as a way for people who work in construction to pay tax. Self-employed individuals and sole traders can find it challenging when applying for a mortgage due to the way lenders calculate affordability based on net profit figures, which then results in being offered a lower mortgage loan.
Mortgages for Nurses Getting a Mortgage for nurses in the UK is complicated because of the variable nature of their employment. Most mortgage lenders [...]
- Securing Your Dream Home: A Guide to Getting a mortgage as an independent contractor GalleryFinancial Advice, Income Types, Knowledge Mortgages, Mortgage Process, Mortgage Rates, Mortgages, Mortgages for Different Occupations / Income Types, Occupations, Self Employed Mortgages
Are you an independent contractor looking to purchase your dream home? Getting a mortgage as a contractor is difficult, but it's not unrealistic. This [...]
Getting a Mortgage After a SEISS Grant Throughout the covid pandemic, plenty of self-employed people looked to the Self-Employment Income Support Scheme or "SEISS" [...]
A sole trader is someone who runs their own business and are self-employed. They are able to keep all the post-tax profits from the business, but it means they are also legally responsible for all aspects of their business and personally liable for the finances of the business