Contractor Financials

Mortgage Express will waive early repayment charges (ERCs) for borrowers that redeem their mortgage between February and June 2009, saving borrowers as much as £10,000 or more if they decide to switch. In an unprecedented move residential lender, Mortgage Express, has announced this month that since it is no longer able to offer new lending …

The drop comes as no surprise to industry professionals and consumers alike, following the 1% cut last month and 1.5% cut in November. However, the decision has been met with mixed reviews as some feel that even lower rates are not having the desired effect in terms of boosting the economy. Whilst the rate drops …

Mortgage payment holidays are enjoying a spot in the limelight at the moment as thousands of worried homeowners try to save money while times are hard. Simon Foster discusses whether payment holidays are a help or a hindrance and how Contractors can benefit. A mortgage payment holiday is available on many mortgages. This is an …

After a tumultuous 2008, we are all looking forward to a fresh start this new year. To kick start 2009 Contractors can make financial resolutions to prepare for whatever the next 12 months and beyond may bring. After the excesses of Christmas, its time to strip out unnecessary costs to make way for important future …

In uncertain times it is important not to tempt fate by putting off essential protection for you and your family. ContractorFinancials urges Contractors to reconsider their protection needs and make sure that your family and your lifestyle are protected against a loss of income due to accident, illness or death. Contractor Income Protection Income protection …