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. […]
What Mortgage Lenders Look for From Self-Employed Applicants
Getting a mortgage when you are self-employed can feel more complicated than applying as a salaried employee. The difference is usually not that mortgage lenders consider self-employed applicants unsuitable. It is that self-employed income can be structured in several ways and may change from one year to the next. Mortgage lenders therefore need clear evidence […]