Bank of England announces reduction in the base interest rate
The Bank of England has announced a reduction in the base interest rate from 4.75% to 4.5%, marking the lowest level since June 2023. This decision, the third rate cut in six months, reflects ongoing concerns about the UK’s economic growth and inflation outlook. Implications for recruitment agency funding For recruitment agencies, a lower base […]
When is the best time to remortgage?
Navigating the UK mortgage market can feel overwhelming, especially with rates fluctuating and the looming risk of ending up on your lender’s costly Standard Variable Rate (SVR) if you put it off too long. But what if there were a way to simplify the process, secure a great deal, and achieve peace of mind? With […]
A guide to mortgages for limited company contractors
Professional contractors face real challenges when looking for mortgages via conventional routes. In this article, we identify the barriers that prevent contractors getting the mortgages they deserve, and show you how our specialist mortgage partner Freelancer Financials can help. Who are limited company contractor mortgages for? If you’re an independent professional using a limited company […]
A guide to securing a contractor mortgage
Have you had trouble securing a mortgage because you’re a contractor? You’re certainly not the only one, and there are many reasons why this happens. As someone working as a contractor or operating your own limited company, you’ve probably been given plenty of advice—whether you wanted it or not. Often, this advice paints a bleak […]
