News
Simplifying mortgages for the self-employed – Cawthra
1+ day, 8+ hour ago (526+ words) From sole traders and contractors to company directors and freelancers, more than four million people across the country work for themselves. Their contribution spans established sectors such as construction and professional services, as well as newer, fast-growing industries like digital…...
Clydesdale Bank makes raft of changes to self-employed lending policy
8+ mon, 1+ week ago (237+ words) The changes to the self-employed lending policy will come into effect on 18 July. On the gross income side, the lender will change how it assesses the gross income of limited company directors with a shareholding of 25% or more. Clydesdale Bank…...
Instilling mortgage confidence in the growing self-employed population
9+ mon, 2+ week ago (663+ words) Data shows that last year, some 13% of the UK's working population, around 4.4 million people, were self-employed. Although numbers have not returned to the peak of five million seen before the pandemic, the mortgage market for people in this kind of…...
The Partnership Panel with Newcastle for Intermediaries – Episode 3: Supporting brokers with self-employed mortgage cases as borrower numbers return
10+ mon, 3+ week ago (265+ words) Essential market intelligence for committed mortgage intermediaries. Mortgage Solutions was the first magazine dedicated to the needs of mortgage intermediaries and has been serving the market since 1999. There have been many changes over this time. Demand for information has increased....