Mon-Fri, 8am-6pminfo@mainlymortgages.co.ukRegent House Business Centre, 13-15 George Street, Aylesbury, HP20 2HU
Mortgage broker in Buckinghamshire
Dispelling the myths around getting a mortgage while self-employed.
Self-employed mortgages are used by freelancers, contractors or business owners whose income comes from their own efforts rather than employment.
Self-employed mortgages are no harder, or easier, to get than a regular mortgage, provided you can prove your income is sustainable.
Lenders typically want to see two to three years of self-employment and accounts, though some will consider you after nine to 12 months with a strong track record.
How much you can borrow depends on a lender assessing your income and outgoings and establishing an amount they feel you can comfortably repay.
Obtaining a self-employed mortgage with bad credit may be more difficult but is still possible, with lenders considering how your credit problems arose and your industry experience.
Speak to one of our mortgage experts so we can show you what your options are.
