Our team of mortgage advisors in Halifax is dedicated to assisting you in securing a tailored mortgage deal designed for self employed individuals, perfectly aligned with your unique circumstances.
Throughout the entire mortgage process, our unwavering commitment is to provide comprehensive support and guidance. We aim to offer expert mortgage advice in Halifax, ensuring every effort is made to enhance the likelihood of successfully securing your mortgage.
With access to a diverse range of self employed mortgage products, our mortgage advisors in Advisors diligently search through 1000’s of mortgage deals to pinpoint the one that most suitable suits your specific needs. Once the most suitable deal is identified, we initiate the process of preparing your mortgage application, should you decide to proceed.
To better accommodate your busy schedule, we operate 7 days a week. Feel free to reach out at a time that is convenient for you. Avail yourself of our complimentary free mortgage appointment, available to all self employed applicants. Contact us today to start your mortgage application journey.
If you’re eager to explore mortgage options or consider potential future possibilities with a mortgage broker in Halifax, you can schedule your complimentary mortgage appointment online or reach out to us via phone.
Securing a mortgage poses distinctive challenges for self employed individuals in Halifax. Overcoming these challenges may involve addressing issues such as not meeting specific lender criteria or demonstrating sufficient income to cover monthly payment obligations.
Assessments for self-employed applicants are conducted on an individual basis. Lenders seek assurance regarding the financial capacity of self-employed individuals to manage their mortgages. Key factors taken into consideration include:
The criteria for self-employed mortgages in Halifax can vary among different lenders. As experts in providing mortgage advice in Halifax, we are devoted to ensuring that you are carefully matched with the most fitting mortgage deal tailored to your unique circumstances.
Being a dependable mortgage broker in Halifax, we are committed to serving our customers and addressing their individual situations. Your best interests are consistently prioritized in every aspect of our service.
The required number of years on the books can vary among lenders, typically seeking a stable and consistent income history. While some may accept applicants with just one year of accounts, others may prefer two to three years of financial records. It’s advisable to consult with a mortgage advisor to assess your specific situation and receive guidance on the requirements of different lenders.
Lenders typically evaluate your income by reviewing financial records such as tax returns and business accounts. For self employed individuals, they often consider the average income over a specific period, usually the past two to three years. The sustainability and reliability of your income are also factors they assess. A steady and sufficient income stream enhances your chances of qualifying for a mortgage.
Being a Director of a Limited Company doesn’t automatically disqualify you from obtaining a mortgage. Many lenders offer mortgages for self-employed individuals, including company directors. However, the assessment process may be more complex than for those with traditional employment. Lenders review your company’s accounts, your salary, dividends, and overall financial stability. Working with a mortgage advisor experienced in self employed mortgages can help you navigate the process and find lenders that best suit your circumstances.
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Amandip
Very good service, quick and efficient. Definitely would recommend.
1 day ago
Jaswant
Chris has done a great job from start to finish and had everything done and dusted a lot quicker than we imagined. Thanks Chris it’s a 10/10 from us.
1 day ago
Anonymous
We have used Moneyman 3 times now and always great service , helpful and efficient .. Thank you x
4 days ago
Robert
Thank you Malcolm for a very easy streamlined process 👍
1 week ago
Colin
Excellent service. Matt and Paula were professional, efficient and kept us updated at all times in the process. This is the second time I have used UK Moneyman and I would not hesitate to recommend them.
1 week ago
Miss
The service we've had from Chris from day one has been excellent. He made sure we got the best deal for our mortgage and made the whole process as easy as possible. He's always easy to reach and often reached out to us first to check things were...
1 week ago
Nicholas
Prompt and clear advice, plus they have access to options that I don’t have as a direct customer. I can’t fault the service.
1 week ago
Anita
Excellent service and the advice and help we've received was also.
2 weeks ago
Giovanni
Amazing service . 1st class and beyond . Thanks to Matt and Lizzie for navigating me through a quite complex application to achieve desired outcome
2 weeks ago
Claire
We would use UK Moneyman again, very good with communication and would recommend them to family and friends. They managed to get us a mortgage offer even though we had more 'complex' circumstances than the average lender. Very happy.
3 weeks ago
Katerina
Very helpful, kept me informed and no ‘hard sell’.
3 weeks ago
Mrs Angela
Very pleased with the service Matt came back with a offer the following day made it a easy process for me
1 month ago
Abby
Amazing service! Helpful advice and support from a brilliant team - always provided thorough and timely support and answers to any and all queries around property purchasing process via phone calls, messaging and e mail. Cannot recommend their...
1 month ago
Rachel
Excellent service!! Would definitely use again, the whole process has been stress free. Thank you!
1 month ago
Jessica
Made us feel so at ease throughout this process and kept me informed and updated during the mortgage application. From start to finish, our options were laid out and Jason always found the best options to suit us and ensured that the product would...
1 month ago
Peter
Fantastic service from Matt Collinson and Amy kerwick could not rate the service I received highly enough
1 month ago
Nathan
Tom and Paula was brilliant at arrange a new moetgage for me. 5 stars
1 month ago
Anonymous
Very happy with the service I received. The advice was thorough and comprehensive, all my questions were answered. Everything went through to completion very quickly. Would definitely use again and recommend.
1 month ago
Anonymous
Cannot recommend them high enough. Dan was excellent and took time to explain the full process. Will use again in the future. Many thanks.
1 month ago
Miss
Dinah has been nothing but incredible! I am so glad that I stumbled across UK Moneyman and that Dinah became our desginated Mortgage Advisor. Her expertise are second to none, she is unbelievably efficient and always keeps to her words. Every...
1 month ago
During this appointment, your mortgage advisor in Halifax will look at your assessment to work out your maximum affordability and provide you with an agreement in principle.
Our team will look through 1000s of mortgage products to find the most suitable deal for your circumstances.
Once your purchase offer has been accepted, your mortgage advisor in Halifax will submit your full mortgage application and evidential documents to your lender.
Our service won't just stop here. We will not only secure you the best mortgage deal, we will also recommend relevant insurance to protect you.
Speaking to a mortgage broker in Halifax, such as ourselves, can prove highly advantageous as we guide you through the entire process. Our expertise lies in handling intricate mortgage situations, and we invite you to reach out for a complimentary mortgage consultation. Let's schedule a meeting with a knowledgeable mortgage advisor in Halifax today.
They use their expert knowledge to devise solutions for self-employed applicants in need of mortgage assistance. Drawing upon our profound understanding of the mortgage market, we aim to identify the most suitable mortgage tailored to your specific circumstances.
Customers are the heart of this company. Throughout our many years within the industry, our mortgage advisors in Halifax have successfully assisted limited company owners, sole traders, and partners receiving a salary, dividends, or a combination of both.
We take pride in delivering a tailored service to each customer, always prioritizing their best interests. Our commitment extends to being available late to address any mortgage queries you may have. Understanding that each lender has unique criteria for self-employed applicants, our dedicated advisors, in collaboration with an expert mortgage broker in Halifax, work diligently to identify the most fitting lender for your individual circumstances.
Most lenders typically employ strict internal credit scoring policies for mortgage approvals, often necessitating a minimum of three years of steadily increasing profits, with some calculating a three-year average. These criteria involve assessing factors like past mortgage repayment records and repossession data to identify potential lending risks.
While this streamlined approach saves time and resources for lenders, it can pose challenges for self-employed applicants striving to meet their mortgage objectives. Historically, self-employed individuals faced a higher likelihood of arrears compared to their employed counterparts. Notably, employed applicants generally encountered fewer obstacles in meeting strict lender criteria.
Many self-employed individuals we’ve spoken to have faced direct rejection from their banks during mortgage applications. While obtaining a mortgage presents challenges for the self-employed, it shouldn’t be insurmountable. Here are reasons others may have been rejected:
Avoid independently approaching multiple lenders, especially if unfamiliar with their criteria. Such actions could harm your credit score, reducing your chances of securing a mortgage.
As mortgage brokers in Halifax, we’ve assisted numerous self-employed clients, providing transparent and candid mortgage advice.
Our mortgage advisors in Halifax are experienced in handling various self-employed scenarios, including:
Engaging a mortgage broker in Halifax can ease the stress. Our team sifts through multiple deals to find a suitable lender for your unique circumstances.
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