MORTGAGE FOR SELF - EMPLOYED
The Challenge of Getting a Mortgage While Self-Employed
We Can Help You...
Getting a mortgage while self-employed can be challenging due to the fluctuating nature of income and the stricter requirements lenders impose. Unlike salaried employees with regular paychecks, self-employed individuals often face more scrutiny and need to provide additional documentation to prove their financial stability.
Understand Your Financial Situation
We take the time to understand your unique financial situation, including your income patterns and business performance.
Customized Mortgage Advice
We offer personalized mortgage advice tailored to your self-employed status, ensuring you understand all your options.
Access to Flexible Lender
We work with specialist lenders who understand and accommodate self-employed borrowers.
Assistance with Documentation
We guide you on necessary documents, such as tax returns, business accounts, and SA302 forms from HMRC
Boost Your Application
We advise on steps to strengthen your mortgage application, such as managing accounts, improving credit scores, and saving for a larger deposit.
How long do I need to be self-employed?
Most lenders require at least two years of self-employment history, though some may accept one year with strong evidence of future income.
Can projected income be used?
Lenders prefer historical data but solid business projections and contracts can support your application.
Is a larger deposit necessary?
Not always, but it can improve your chances and secure better rates.
What if my income varies?
Lenders may average your income over several years to account for fluctuations.
Can other income sources help?
Yes, rental income, dividends, and investments can strengthen your application.
A Little About Us...
Exceptional Advice,
Extraordinary Advisors
Notebook Money has been dedicated to helping people with mortgages and related financial services. We specialize in making homeownership possible with custom mortgage solutions. From mortgages to remortgaging, bad credit options, and comprehensive life insurance plans, we're here to guide you toward financial security and peace of mind.
REMORTGAGE
Mortgage payments can be difficult to manage, especially when interest rates are high or financial circumstances change. Remortgaging offers a solution by allowing you to switch your existing mortgage to a new deal with better terms. This can lower your monthly payments, reduce your interest rate, consolidate debt, or free up equity for home improvements, helping you regain control of your finances and achieve greater financial stability.
BAD CREDIT MORTGAGE
Bad credit can feel like an insurmountable barrier to securing a mortgage, but it doesn't have to be. A bad credit mortgage is designed specifically for individuals with less-than-perfect credit histories. These mortgages often come with higher interest rates and more stringent terms, but they provide a valuable opportunity for homeownership and financial recovery. By making consistent, on-time payments, you can improve your credit score over time, potentially qualifying for better mortgage deals in the future.
LIFE INSURANCE
Life is unpredictable, and ensuring your family's financial security is crucial. Life insurance offers peace of mind by providing financial protection for your loved ones in the event of your passing. It helps cover expenses such as mortgage payments, education costs, and daily living expenses, ensuring your family's standard of living is maintained. Whether you need term life insurance for a specific period or whole life insurance for lifelong coverage, we offer a range of policies tailored to meet your needs.
USEFUL LINKS
FOR INQUIRIES
Notebook Money limited is directly authorised and regulated by the financial conduct authority #919511.Registered address: 27 Bridge Street, Newport, NP20 4BG #11964405.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.