If you are self employed and have tried to get a mortgage in the past it is quite possible you will have encountered one or two difficulties along the way, namely proving your income and finding a lender that will listen and understand your circumstances. Fortunatley now, there are a handful of lenders who are sypathetic to the needs of self employed borrowers and it needn't be the headache it once was. The majority of lenders will require the last two or three years accounts. If however, your circumstances do not allow this, because for instance you may have become self employed only recently, some lenders will accept one years accounts with an accountants future earnings forecast.
More and more people are now choosing to work for themselves, or on a flexible contract basis to give themselves greater control over their lives and careers. Whilst this can be liberating for you personally, having an irregular income can cause problems when seeking a mortgage. We specialise in helping people who are self-employed and have irregular incomes by introducing them to a local mortgage expert or ifa who may be able to help you.
Contact us today for an informal and confidential chat to assess your needs.
Think carefully before securing other debts against your home. Your property may be repossessed if you do not keep up repayments on your mortgage.
Motts Mortgages are introducers only and do not provide advice or arrange mortgages or life insurance.
Motts Mortages, Times house, Plassey Street, Penarth, Vale of Glamorgan CF64 1ET / Tel: 029 2070 0635 / Fax: 029 20713810 / email: Email Us / Motts Mortgages is a trading style of Benjamin Andrew Mott.For advice on mortgages we act as introducers only. Website Re-Designed By Web Design Cardiff