Mortgages and Loans

Obtaining a mortgage if you are self-employed is unquestionably harder than it was five years ago, but it is not the impossibility that some would have you believe.
The key is finding the right lenders to speak to. Many computer-driven high street lenders are not the right place; rather self-employed borrowers should speak to lenders who operate traditional underwriting models, with a human making the decision.
We have been closely working with a couple of the leading mortgage lenders in the industry and have had a very high success rate in getting an approved mortgage application for our clients.

Important Factors in getting an approved mortgage application

* Residential Mortgages

– Freehold or Leashold
– Own resident or Buy-to-let
– The size of your deposit
– Sole owner or Jointly bought
– Purchase price vs Market Value
– Surveyor report

* Commercial Mortgages

– Type of business acquired
– Servicebility of the Financial Accounts
– Existing or New Set up
– Current business owner or newbe
– Experience of the applicant in the industry
– Size of your deposit
– Any equity available as security
– cashflow forecast we produce
– Business plan and forecast we produce
– Purchase price vs Market Value
– Third party valuation report