- Joined: Sep 25, 2020
- Last Login: Sep 25, 2020, 6:46am CDT
With more workers becoming self-employed and taking on increasingly flexible work for one or a variety of employers, there has been a growth in the number of contractors. But while those on fixed or short-term contracts which are paid a daily rate, perhaps via an umbrella company, may enjoy more flexible working conditions, it can be not easy to get competitive contractor mortgages. This is particularly true as we get to grips with the fallout from coronavirus, and lenders worry about how it will impact incomes. This is resulting in tighter criteria for all borrowers – not just the self-employed.