Can a Contractor Get a Remortgage?
Given the complex nature of contractors'
activities, having the advice of a contractor remortgage broker can bring those
many benefits. Because a broker has sufficient knowledge and expertise in the
needs and conditions of contractors, they can identify and evaluate the
products that contractors need.
For example, some contractors set minimum
wages for their company and consider dividend payments to avoid paying more
taxes. In this case, lenders consider the applicants' income more diminutive
than their actual income potential. In this case, using the advice of a
contractor remortgage broker in proving their potential, actual income, and
affordability can be very helpful. They negotiate with senior lenders
underwriters so they can get suitable options from lenders.
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