Can Taxi Drivers Secure a Mortgage? Yes, taxi drivers can secure a mortgage. Being a taxi driver should NEVER be a barrier to applying. Many taxi drivers are self-employed, and applying for a mortgage with accounts might indeed seem more challenging compared to those in traditional employment. But, there’s no shortage of lenders willing to consider […]
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Mortgages for Taxi Drivers: A Roadmap to Homeownership
Mortgages for Sole Traders Explained
Is a Mortgage Accessible for Sole Traders? Yes, you can. Many lenders offer mortgages to sole traders and partnerships. Some lenders even allow you to borrow based on your gross income or remittance slips, and you can get a mortgage with just 6 months of trading history. If you’re a sole trader or in a […]
Mortgages For Directors: A Guide For The Self-Employed
What are Mortgages for Directors? Mortgages for company directors operate in the same manner as standard mortgages. The goal is to prove to the lender that you can manage the repayments. But, as a company director, you might face challenges. Some traditional lenders might view your position as more risky. They might not fully grasp […]
Getting Self-Employed Mortgages Without Accounts
Is it Possible to Get a Self-Employed Mortgage With No Accounts? Yes, it is. While it’s common for many lenders to request three years’ worth of accounts, that’s not the only path to securing a mortgage if you’re self-employed. If you’re new to self-employment or perhaps working as a freelancer without an accountant, there are […]
How to Get Mortgages in a Limited Liability Partnership?
Are Mortgages Available to Limited Liability Partnerships (LLP)? Yes, mortgages are available to Limited Liability Partnerships (LLP). But the process is more complex compared to standard mortgage applications. When applying as part of an LLP, mortgage lenders typically consider you self-employed. This leads to a distinct set of assessments and requirements. To secure a mortgage […]
How To Get Self-Employed Mortgage with 1 Year’s Accounts?
I’m Self-Employed with 1 Year’s Accounts: Can I Get a Mortgage? The answer is yes, but it’s a bit trickier than if you had a longer track record of self-employment. While most lenders prefer to see at least 2-3 years of accounts before they consider offering a mortgage, there are indeed lenders out there who […]
