We know that running your own business can be hard, so our pledge to you is that applying for a mortgage won’t also be a challenge.
Whether it is as a contractor, sole trader, partner or a shareholding director of a limited company, the number of people choosing to be self-employed is growing and so our options for hard working entrepreneurs is too. In fact we strive to be as individual as you.
Can I Get a Mortgage If I am Self-Employed?
Ideally you’ll have at least two years of accounts to evidence your earnings but if your business is newer than that we’ll still hope to find a way to help to ensure you have the same opportunities as anyone else.
Our skilled team will work with you from start to finish and are able to consider even the most complex of incomes; dependent upon your circumstances we can use a combination of salary, dividends, net profit and HMRC disclosed income (including from other sources not linked to your business).
We know that being self-employed can be unpredictable so we also offer the option to pay off more into your mortgage when times are good*, in order to help you pay off your mortgage sooner.
So, from plumbers to personal trainers and techies to tennis coaches we understand that like you your business is individual and needs an individual approach to help get you on or up the ladder.
So to find out more simply contact us using the details above!
*Overpayments of up to 20% of the original amount borrowed can be made annually between the 1st April and the 31st March without incurring any penalty cost where the mortgage product is subject to an Early Repayment Charge (ERC), and you may pay the entire sum owed back without any penalty cost where mortgage product doesn’t have such an ERC, or after the ERC period has expired.