Because of your unique working status Contractors can struggle to secure mortgages on the High Street and find it difficult to arrange appropriate pensions and insurance. We have teamed up with the Independent Financial Advisers (IFAs) at ContractorFinancials who specialise in offering tailored financial solutions to Contractors and Freelance workers.
Whether you are new to contracting or "a veteran", the specialist advisers can show you how to make the most of your money, avoiding the common pitfalls that freelancing can sometimes present and bridging the gap between your Contractor status and the benefits you may have left behind as an employee.
Mortgages – Take advantage of special arrangements negotiated with lenders and qualify for a mortgage based solely on a multiple of your Contract rate. Save time and hassle. Excellium’s clients pay none of the usual broker fees.
Car Finance – With our car finance service clients of Excellium can be sure to receive the best possible deal with absolutely no charge whatsoever. With our strength in the market place we are able to negotiate with lenders up and down the country to bring the latest offers on the latest cars direct to you.
Income Protection – Maintain your income in the event that you are unable to work through illness or injury so that you can continue to enjoy your current lifestyle.
Pensions – Significantly reduce your tax and NI payments today by asking us to transfer part of your contract into our in-house personal pension. You will build a tax efficient nest egg for your future.
Critical Illness Cover – will pay out on diagnosis of a range of medical conditions.
Life Cover – Safeguard the future for your family with life cover that will pay out in the event of your death.
ISAs and Investments – make the most of your savings. Shelter up to £7200 pa in a tax efficient Individual Savings Account
Private Medical Insurance – Avoid NHS waiting lists and make a speedy recovery with discounted private medical insurance, designed specifically for Excellium clients.
Will Writing – Over 70% of contractors have yet to make a will. This represents a potential disaster in terms of distress caused to families, money lost to the taxman and unnecessary legal fees.
HIPS – Home Information Packs or HIP's as they are commonly known as, are here to stay. The Government finally announced, after years of speculation, that from the 1 August 2007 all properties put on the market to sell, in England & Wales, with 4 or more bedrooms would require a HIP. This was extended to 3 bedroom properties six weeks later and finally to 1 & 2 bedroom properties in mid December 2007. By the end of 2007 all properties put on the market in England and Wales required a HIP.
Banking – As a contractor it is vitally important that you get every penny of your hard earned income working efficiently, whether it be in your personal hands or within your bank account.
Call 0845 062 8888 or email excellium@contractorfinancials.com.
