Mortgages For The Gig Economy

Mortgages For The Gig Economy

If you’ve moved from a permanent job with a regular income to set up on your own you probably have enough on your mind without worrying about your mortgage or pension. Let us put your mind at ease.

A New Way To Work

You are not alone, almost five million people in the UK have joined what is known as the gig economy and are working as freelancers, entrepreneurs, contractors and independent professionals.

You can find these giggers in just about every sector and industry – IT contractors, scientific researchers, marketing professionals, taxi and food delivery drivers, and medical professionals in the NHS can all work from contract to contract, shift to shift to make a living.

Despite the dramatic rise in the number of contract and contingent workers signalling a shift in the way we all work, many mortgage lenders are still reluctant to offer their services and products to giggers. Thankfully, some lenders have had the foresight to reconsider their eligibility criteria and embrace workers with variable income status who may have struggled to secure a mortgage previously. These contractor friendly lenders have made positive steps to offer more flexible lending to people in the gig economy. We like that.

Welcome To GIGLY

At GIGLY, our mission is to make navigating the mortgage process as a gigger easy. We have built relationships with independent financial advisors who have access to the whole mortgage market and understand the variable income status of giggers. And that is just the beginning. We are also going to offer accountancy, training and professional coaching geared towards the needs of giggers. In 2018, GIGLY will launch a job platform to match gig workers with the best opportunities on offer from gig employers.

It’s an exciting time to be in the gig economy. Come and work happy.