33.87% APRC Representative Variable

Typical Example: Loan Amount: £7,540.00, Loan Term: 120 Months, Interest Rate: 26.82% PA (variable), Monthly Repayments: £196.17, Total Amount Repayable: £23,540.40. This example includes an Arrangement fee of £754.00 (10% of the loan amount) and a Servicing fee of £603.20 (8% of the loan amount). Read about our Rates and Fees.

Maximum APRC:  98.67%. Max rate figure is based on loan amount applied for, loan term and personal circumstances of applicant. Repayment periods: Secured loans: minimum 1 year – maximum 15 years.  We do not offer loans which require full repayment within 60 days or less.

THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER LOAN SECURED AGAINST IT.
IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING, YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
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Self-Employment in the UK...The Future?

Self-Employment in the UK

Home > Infographics > Self-Employment in the UK

For British workers, there has never been a better time to consider becoming self-employed. With record numbers of people choosing to work for themselves, self-employment in the UK is experiencing a boom.

Research from the Office for National Statistics (ONS) confirms that self-employment is at its highest level in the UK since records began 40 years ago. In fact, statistics show that around 15% of UK workers are registered as self-employed, which equates to one in seven workers. Currently, there are a staggering 4.6 million self-employed people in the UK.

Age Is No Barrier to Self-Employment

Many people might associate self-employment as the preferred choice for go-getting young entrepreneurs, but statistics show that this type of working arrangement appeals to a broad spectrum of people. It is not just the young who are going down the self-employment route. In fact, if anything, it appears those deciding to become self-employed tend to be older, at an average age of 47 compared to 40 for those not self-employed. The ONS also states that an increasing number of people over the age of 65 are embarking on self-employment, possibly as a way to top up pension incomes. Figures suggest there are almost half a million over-65s in the UK registered as self-employed – a figure that has more than doubled in the last five years.

A Growing Trend

In the last year alone, UK self-employment rose by 8%. This is the equivalent of around 7,700 people becoming self-employed every week. Whilst 15% of people are now self-employed, this was just 13% in 2008 and only just over 8% 40 years ago. Much of the increase in total employment since 2008 can be accounted for by the rise in self-employment.

self employed infographic
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9 Portland Street,
Manchester,
M1 3BE


Registered Company Number: 06987852

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Evolution Money Limited is a licensed credit broker and service provider to Evolution Lending Limited. If your application doesn’t meet the underwriting requirements of Evolution Lending Limited we may pass your information to other lenders and brokers. Evolution Money Limited is a company registered in England & Wales, registration number 06987852 and registered at 8 St John Street, Manchester, M3 4DU. Authorised and regulated by the Financial Conduct Authority, firm reference number 708324.

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