Can I Get A Mortgage If I’m Self-Employed?

It’s certainly much easier than it used to be to apply for a mortgage as a self-employed individual. Nowadays major lenders, as well as a wide variety of specialist lenders, offer really good options for individuals who are self-employed and looking for a mortgage.

One of the first things you should do is to choose your mortgage adviser, and as you’re self-employed what you’re looking for here is a reputable, online, mortgage adviser with a speciality in all kinds of mortgages, especially self-employed mortgages. We’ve chosen Right Mortgage UK as our experts for this article, because they make everything as simple and easy as possible for their customers right from the outset, and their very detailed website has some great FAQ guides about well, everything you could possibly connect to mortgages!

Whether you’re a self-employed individual working for yourself or someone else, a sole trader, or a limited company owner / director; you’ll find yourself falling into the category of a self-employed person when it comes to a mortgage application.

As such, you’ll all be facing the same checklist of things you’ll need to provide in lieu of payslips and a contract of employment. These include:-

  • Bank statements – usually three months
  • Accountants statement / annual return – usually you’ll be able to make an application now with just one year’s accounts and it’s certainly worth seeking advice from the experts at Right Mortgage UK at that one year end to see if you’d qualify for a mortgage
  • HMRC tax returns
  • Proof of ID – driver’s license or passport
  • Proof of address – usually a council tax or utility bill, dated within the last three months

Life used to be a lot harder for the self-employed mortgage seeker. It used to be the case that you had to provide at least three years’ worth of accounts,and sometimes even up to five years’ worth. Now though, there’s a large number of mortgage providers – including some of the major names – catering for self-employed individuals who have just one year’s accounts, which has really opened up the market and the mortgage opportunities for applicants.

There are no industry restrictions on self-employed mortgages either. Wherever or however you work, there’s a mortgage for you – you just have to make sure you’re talking to the right people to help you find it. So no matter what industry you’re self-employed in, there’s definitely a mortgage for you. Lenders are happy to consider applications from:

  • Taxi drivers
  • Builders
  • Plumbers
  • Painter
  • Decorators
  • Electricians Any other tradesmen
  • Musicians
  • Artists
  • Actors
  • Landlords
  • Those in the financial sector
  • Retailers
  • Those with online businesses
  • Professionals
  • Investors

You simply have to be able to proof a regular, steady income – all the lenders really care about is knowing that you can afford to pay back that monthly mortgage amount, they’re not really interested in the type of job you’re doing to earn your money.

Remember in mortgage application terms, you’re classed as self-employed if you own 25 percent – or more – of a business. Again, it doesn’t matter what sector the business operates in, so long as it’s viable and you can prove a regular income. That’s why lenders like you to have your first year accounts done – however, it can be worth speaking to professionals as you come up to the end of that first year, you don’t necessarily have to wait til after the accounts are done to start the process.

Now that there are no such things as self-cert mortgages, you must be prepared for your application to be thoroughly checked by the lender. It’s worth making sure that your credit file is up to date – no missing or incorrect information, for example – and you need to not have any recent missed or late payments either, as those would count against you in an application. After self-cert mortgages were banned because of the levels of mis-use for those mortgage types, lenders became a lot more cautious for self-employed individuals. However, providing you’re transparent about your income and can back it up in terms of HMRC and Accountants statements, and of course your bank statements, you shouldn’t have any more difficulty with a mortgage application than an average employed individual would.

Sexy esmer türkçe altyazılı porno iş görüşmesi için zengin adamın bahçesinde sohbet ediyor. Patron Kasaba HD Porno sürekli iltifatlar ediyor. Çok güzelsin çok seksisin Konulu Porno falan gibi. Ardından işi hakedip haketmediğini Asya Porno sorunca düğmeleri açıp memeleri türk porno gösteriyor ve önüne gelip fermuarı açıyor. Sakso sonrası yatak odasına geçiliyor. türkçe porno Önce bacağını omzuna veriyor dedikodu porno ardından da önünde domalıp adama kıllı porno izle amcığını tattırıyor. Boşalmak üzere olan adamı Sikiş ağzıyla boşaltıp işi kapıyor.