What is a Self Employed Mortgage?

What is a Self Employed Mortgage?First, let me dispel a myth for you, there is no such thing as a Self-Employed Mortgage.The real question you should be asking yourself is “How do you get a Mortgage?”In this video/blog post, I shed some light on the mortgage process covering:– Mortgage Lenders– How much you want to borrow– Deposit– Preparation being the keyClick the video below to watch or scroll past it and read the blog – Enjoy.

Let me start by dispelling a myth for you. There is no such thing as a self-employed mortgage.

A mortgage is a mortgage, whether you’re employed, whether you’re self-employed, whether you’re a business owner, whether you’re a contractor, everybody gets exactly the same mortgage. So, what is a self-employed mortgage is an irrelevant question.The question you should be asking yourself is how do you get a mortgage? Because depending on your circumstances, and this goes for everybody, depending on your individual unique circumstances, how your income is made up is going to determine which lender is the right one for you and that also comes back to how much you want to borrow, how much deposit you have and what your personal circumstances are and what the future looks like for you.So if you’re looking for a mortgage as a self-employed individual, then my personal belief is that preparation is the key. So if that’s something that you want assistance with, then we are more than happy to help. You can check out our other videos on how you can prepare to get a self-employed mortgage. Alternatively, you can visit our website, where you’re able to download the seven mistakes that business owners and entrepreneurs make when getting their mortgage. Or alternatively, you can pick up the phone and speak to one of our mortgage advisers.Thank you very much.

Here is what to do next:

If you liked this blog we think you will love this Video we did on 5 Mistakes that Limited Company Business Owners make when looking for a Mortgage for their Dream HomeORIf you’re looking to go a step further, you can go and download your FREE copy of – 7 MISTAKES BUSINESS OWNERS AND ENTREPRENEURS MAKE THAT COULD JEOPARDISE YOUR MORTGAGEORGive us a call on 01245 850165