Not every contractor receives income in the same way, which is why a Contractor Mortgage application can require careful preparation. Earnings may come from day rates, fixed-term agreements, limited company profits, salary and dividends, with lenders applying their own affordability policies. AWS Private Finance provides specialist guidance for professionals considering Contractor Mortgages in London and across the UK. A knowledgeable Contractor Mortgage Broker can help you understand how your income might be assessed, identify relevant documentation and compare potential lending criteria before you proceed with a property purchase or remortgage.
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