As everyone is well aware, it is quite difficult to obtain a mortgage at present, whether you are employed or self-employed. UKFCS specialise in helping those people who work for themselves to obtain a mortgage at the best possible rates currently available. UKFCS are independent mortgage brokers and as such we are not tied to a specific mortgage company or group of companies.
Any self-employed person wanting a mortgage will, to a certain extent need to be able to prove their income. If they have used an accountant over the past couple years showing their income and expenditure this will certainly make matters easier for to get competitive quotations. Any mortgage company will need to know how long your business has been trading, and the type of business. If you are a self-employed tradesperson – for example, a qualified electrician, and can show that you regularly deposit funds into a bank account, they may look quite favourably on your application.
Every mortgage company has their own criteria for lending to self-employed business people. They will certainly want to ensure that a mortgage is affordable, which is more complicated to establish for self-employed people than for those who are employed. As our expert mortgage advisors at UKFCS are experienced in dealing with the specific requirements of each mortgage company we will make the whole process considerably easier. At UKFCS we don't charge any fees at all and our friendly consultants will be delighted to advise you and explain the whole process.
Another reason to consult our experienced brokers at UKFCS is because we are able to access the best possible deals from the whole of the mortgage market and will be able to discuss it with you. If you decide to contact the mortgage companies on your own, you must be aware that they will more than likely conduct a credit search before providing the application forms. If you contact twelve different companies there will be twelve credit searches against your name within a very short period of time. This number of searches implies that, perhaps, you have been turned down by the other companies, rather than just having requested the information. Therefore by trying to arrange a self-employed mortgage by yourself there is a risk that you can actually cause more problems that may impede upon your chances of obtaining the best deal.
Contact the experts and let us help you to obtain the mortgage you need to buy the property of your choice. Our clients usually find that it is easier, quicker and more cost effective to use the services or our expert mortgage advisers who know precisely how to ensure that you get the best mortgage deal to meet your unique and individual requirements.