Remortgaging is a process where your original mortgage gets replaced. For people dealing with bad credit, this can be a smart move. The goal is to secure better interest rates or tap into home equity. But, the process isn’t always clear-cut, and it may trigger feelings of worry or uncertainty. It’s quite natural for borrowers […]
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How to Remortgage with a Bad Credit: A Comprehensive Guide
How To Remortgage When Self-Employed In The UK?
Can I Remortgage When Self-Employed? Yes, and it’s wise to start exploring your options about 3-6 months before your existing mortgage deal wraps up. If you’re self-employed, you might find that remortgaging comes with its own set of challenges. Standard mortgage lenders often have strict rules that can make it tough to prove you’re a […]
Mortgages for Self-Employed with 2 Years of Accounts
Can I Get a Mortgage if I’m Self-Employed for 2 years or Less? Yes, you can. While many lenders might want to see three years of healthy accounts to gauge your ability to repay the loan, that’s not a hard rule. Several lenders, often specialists in the field, are open to less documentation. To avoid […]
Self-Employed Mortgages Calculator – Crunch the Numbers Now
How Much Can I Borrow as Self-Employed? Use the mortgage calculator below to get a quick idea of your borrowing options. You only need to input a few details. You’ll receive an estimate that reflects the criteria lenders use, tailored to your finances. This should take less than 30 seconds to complete. [Embedded Self-employed Calculator] […]
Getting Self-Employed Mortgages After a Seiss Grant in the UK
What is a SEISS Grant? The Self-Employment Income Support Scheme, or SEISS, is a UK government program designed to help people who work for themselves. If you’re self-employed and you’ve faced money troubles during the COVID-19 pandemic, this grant can provide some financial relief. How does it work? Well, the government gives you money to […]
Self-Employed Mortgages Based on Net Profit: A Full Guide
What is a Net Profit Mortgage? As a self-employed individual, your net profit is a MAJOR factor in your mortgage application process. Essentially, a net profit mortgage is determined by the after-expense income your business pulls in each year. Different lenders have their ways of calculating mortgages. Some may even consider retained profits within your […]
