Leeds: Contractor range is booming

Today is National Freelancers Day, which highlights the importance of the self-employed workforce to the UK economy.

Leeds accepts 12 months’ experience in any sector, while it allows for a six week break between contracts compared to the industry norm of six weeks in total per year. Borrowers can take out 2, 3 and 5-year fixed rate mortgages.

Martin Richardson, Leeds Building Society’s general manager – business development, said: “We introduced our professional contractor mortgages in recognition of this under-served but important market and to offer contractors greater choice and flexibility, for which we received the innovation award for lenders at this month’s Mortgage Finance Gazette Awards.”