The self-employed mortgage may sound difficult and might be tricky, but we can do it and we do it often.
Our client had been running his own business for one year and therefore only had one-years accounts available. He’d been looking for a mortgage but the high street lenders, who can only lend on their own products, would not consider lending to him as his business had not been trading for 2-years.
We researched the market to find those lenders who would accept one-year accounts as proof of income.
We were able to source a mortgage enabling him to buy his dream new-build home, paying only a 15% deposit. The rate was competitive with high street rates. Our client was so delighted with the outcome that he recommended Finance Expert Ltd to his friends and family.
Client X was a self-employed business owner searching for a mortgage. The client’s business has been operational for one year and they have experienced issues compiling their books. As such, mortgage requests to other banks have been declined due to the clients deemed lack of financial security. However, with us, the client was offered the mortgage they needed at a great rate.