95 per cent mortgage guarantee scheme, which just requires a 5 per cent deposit, there has been a rise in enquiries from potential homeowners working in a variety of different environments.
However, even though the deposit price has gone down, it doesn’t necessarily mean that all workers will get the perks of this new deal.
According to findings made by Gorilla Accounting, contractors commonly find themselves in the group of self-employed workers in the country who find it challenging to find a mortgage due to them not having a permanent role.
As a result, most people with this job role try to find their best deals through mortgage brokers, but experts at the accountancy firm have revealed that it doesn’t always need to be quite so.
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