Personal Finance

Helping the self-employed get on the property ladder

When it comes to getting a mortgage, contractors fare no differently to a PAYE employee as long as they prepare

When you’re self-employed and applying for a mortgage, you need to show you have a sustainable income stream

Professional contracting is becoming more common in Ireland, with self-employed consultants and project workers found across most sectors, from pharma and medicine to finance, IT and engineering.

And, while the assumption was that getting a mortgage as a self-employed person is more difficult; in reality, contractors fare no differently to a PAYE employee, once they prepare. In fact, professional contractors can often borrow more, especially as more companies and organisations are seen to engage professional ...