Mortgages for the self employed and other people who
find it hard to prove their income
If you're one of the estimated 3.2 million self
employed people in the UK, or have working styles which differ slightly from the
norm, you'll benefit from using the services of a firm of
mortgage brokers who specialise in arranging mortgages & remortgages for
the self employed, company directors, contractors.
Historically lenders in the UK have taken a cautious view of the self
employed. Until recently a number of
mainstream and specialist lenders provided a
solution for the self employed through self
certification mortgages. Unfortunately these
products are no longer available, although products
still exist which are suitable for self employed
borrowers and it is more important than ever to get
advice from an expert.
Traditionally, with a true self cert mortgage, you
made a declaration
as to what your income is, but you did not need to provide
any proof. You simply stated what your likely
income will be, rather than providing documentary
evidence such as accounts, P60s or payslips.
Exclusive deals
Some mortgage lenders only accept business through authorised intermediaries,
and by using the services of a specialist broker,
you'll get access to some exclusive
deals which may not be found in the high street. Discount and
fixed rate products are available.
|
