Self Employment Mortgage Specialists.
We regularly help people facing mortgage difficulties caused by:
We will be in touch to seek further information about your case and discuss options available to you.
Experienced administrators work with you to provide the lender with all the details required to obtain a mortgage offer.
The Process For Your Mortgage.
Complete our 2 minute mortgage availability check.
3 Simple Steps.
How it works and what you need to know:
Lenders generally don’t have skilled staff to understand Accounts and therefore simply work on tax calculations. Sometimes this is not enough, and we need to work on retained profit or average figures over 2 or only 1 year's accounts.
The following require more understanding than lenders generally possess:
Dividends directors loans and salary,
Change from Partnership to Limited Company,
Accounts can be simple or complex, but they always need a degree of experience and understanding. We have spent years helping the self employed obtain higher mortgages than they would get elsewhere.
We want to hear your story and so do our lenders.
What if I have already had a mortgage application rejected?
Due to FCA regulation, lenders nowadays have adopted much stricter applicant criteria. This means it is harder for self employed persons to be successful with their mortgage applications. Especially if you have written off profit through higher expenses, and ultimately declared less income. Therefore, it is becoming more frequent that self employed mortgage applicants are being rejected.
However, if you have been rejected already, there are still many opportunities available to you. Our specialist mortgage advisors have access to lenders and products that are more flexible for self employed persons.
What will I need whilst making my mortgage application?
Lenders normally require you to supply the following documentation or demonstrate the following:
Financial accounts of the last two years.
Good credit history.
Proof of regular work.
If there are difficulties in attaining all of these, it is important to seek specialist mortgage advice. We have lenders whose underwriters understand Accounts, know how to read them and will offer competitive rates.