Best Mortgage Advisors For Self Employed London
Self-employed mortgages are one of the hardest to broker even for the most skilled mortgage brokers, making it almost impossible for individuals to secure a fair mortgage deal on their own. But when you partner with self-employed specialist mortgage brokers in London, everything becomes seamless.
As an independent mortg
Why Choose a Self Employed Mortgages?
If you're a freelancer, contractor, or a business owner, a self-employed mortgage is the best choice for you. Here are some of the reasons you should consider it.
Access to conventional products: It allows you to access traditional options like interest-only deals, fixed rates, or tracker mortgages.
Specialist understanding: Lenders in this market often know how to navigate challenges that are unique to each industry.
Personalised income assessment: To determine your true income level by analysing your financial structure based on your business type.
Flexible eligibility: It is most suitable for individuals with no stable income.
Sole Trader
A sole trader is an individual who runs their own company by themselves. This individual is not legally separated from the business and declares income through tax returns and business accounts.
How many accounts do I need?
You will need at least two years of accounts to apply for a self-employed mortgage to serve as proof of stable income. However, some lenders may consider one year of accounts.
Specialist Self-Employed
A specialist self-employed person is a person who earns income working for themselves, rather than working directly under an employer like in the traditional employment setting. These individuals often possess specialised skills and work as freelancers, consultants, or contractors.