Breaking news: mortgages for all professional contractors

[Freelancer Financials]

Does anyone know if this also applies to C&G mortgages as they're all part of the Lloyds Group ?

Cheers...

No. It only applies to Halifax.

John Yerou
Freelancer Financials

[Basil Fawlty]

ANY professional freelancer can now apply for a mortgage based on their daily contract rate through Halifax.

Halifax eases up freelancer mortgage rules - Freelance Advisor

Does anyone know if this also applies to C&G mortgages as they're all part of the Lloyds Group ?

Cheers...

[Freelancer Financials]

Not exactly news to IT Contractors though.

FTA.

Halifax has proven one of the lenders more open to dealing with the self-employed, and has up until now offered a mortgage product for IT contractors. They are now opening the same deal up to all freelancers and contractors of all flavours, provided they have a day rate of £300 or more.

Your right, Halifax has been offering this to IT Contractors for several years, you'd be surprised though how many IT Contractors don't know this? Unless, you live in the forums!!!!!!!!!!!!

What's really annoying for IT Contractors, is that if they go direct to the branches, the advisers don't know about the IT Contractor policy that they support. They try and assess them as self-employed (3 years accounts). Which is why a lot of IT Contractors turn to mortgage brokers to handle their application.

[DaveB]

ANY professional freelancer can now apply for a mortgage based on their daily contract rate through Halifax.

Halifax eases up freelancer mortgage rules - Freelance Advisor

Not exactly news to IT Contractors though.

FTA.

Halifax has proven one of the lenders more open to dealing with the self-employed, and has up until now offered a mortgage product for IT contractors. They are now opening the same deal up to all freelancers and contractors of all flavours, provided they have a day rate of £300 or more.

[AtW]

Goodie - I can borrow 685k.

Wait until self certified liars loans to make a come back

[Old Greg]

On £300 a day you can borrow £360,000! Jeez, that's scary.

Goodie - I can borrow 685k.

[mudskipper]

On £300 a day you can borrow £360,000! Jeez, that's scary.

[Freelancer Financials]

ANY professional freelancer can now apply for a mortgage based on their daily contract rate through Halifax.

Halifax eases up freelancer mortgage rules - Freelance Advisor