Specialist Mortgages for Complex Income Explained
A complicated income structure does not necessarily mean you cannot get a mortgage. Many applicants earn enough to afford a property but do not receive one simple monthly salary. You might be self-employed, operate through a limited company, work on contracts, earn commission or receive income from several sources. A standard automated assessment may not […]
Can I Get a Mortgage if I’ve Recently Become Self-Employed?
Recently becoming self-employed does not automatically stop you from getting a mortgage. However, your options may be more limited because lenders have less financial history to use when assessing your income. The strength of your application will depend on how long you have traded, how your business is performing and what evidence you can provide. […]
Mortgages for Contractors Explained Simply
Getting a mortgage as a contractor can seem more complicated than applying as a permanent employee. Contractors may work through fixed-term agreements, umbrella companies or their own limited companies. Their income can therefore appear less predictable to lenders, even when they earn consistently. The good news is that mortgages for contractors are available in the […]