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] […]
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Self-Employed Mortgages Calculator – Crunch the Numbers Now
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 […]
Mortgages for Taxi Drivers: A Roadmap to Homeownership
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 […]
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 […]
