Getting a mortgage as a contractor in 2023: Icon Accounting’s Top Tips
A mortgage is arguably the most important and probably the largest financial decision you will make during your lifetime, and we understand that the process can be a confusing experience, without some statements such as ‘contractor candidates may be disqualified from obtaining a mortgage’ adding to the frustration and headache! Thankfully, contractors are no different from any other person who’s decided to become self-employed, and as such the banks are happy to deal with you on the same terms as they do anyone else operating in this capacity. With appropriate information and preparation, you can attain the financing required to purchase the home of your dreams. If you are a contractor looking to get a mortgage in Ireland in 2023, there are some important things you need to know. Follow the universal criteria It’s worth stating from the outset that there are common criteria that everyone has to comply with (irrespective of employment status) when applying for a mortgag...