Mortgages
for people who are self employed are becoming an endangered
species. At the time of writing it seems to be getting
more and more difficult for people who work for themselves
to get good mortgage offers. Read about What
is happening now and how it affects specific types
of borrowers
Many people think that self-employed people
in the UK do not have the same choice of mortgages as employed
people. In practice, there is a wide choice of UK mortgages
for the self-employed, and there should be no reason not
to get the mortgage you need as a self-employed worker.
Self-employed mortgages can be called self-certified
– this means you do not have to prove your income
to be allowed the mortgage. In the UK, self-employed mortgages
are becoming increasingly popular as they allow self-employed
people the same choice of mortgages as employed people.
In the UK, it is often best to get the advice
of an independent broker if you are self-employed and looking
for a mortgage. This will enable you to save time and ensure
you get the best possible mortgage for your self-employed
status. Although the choice is wide, high street mortgage
lenders are not always as interested in lending to self-employed
people as specialist lenders are. If you are self-employed,
do not worry about getting a mortgage in the UK - simply
take the advice of an independent broker who will be able
to find the best self-employed mortgage for you.
