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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Oliver
Charlie was really helpful and informative throughout, always on hand to answer any questions or queries we had. Made the process really smooth as first time buyers.
2 days ago
Anonymous
Moneyman has helped me at a time where I felt I wouldn't be able to make any changes to my mortgage. This has had such a positive impact on my life, their honesty, knowledge and great communication throughout is something I have valued. I cannot...
3 days ago
Anonymous
Matt and his team have been extremely helpful throughout the process of obtaining a mortgage and throughout the process and always with a quick response and on hand to help
3 days ago
Annette
We would just like to thank Dan and Jonathan for all of the great support and help that we have received from this great team ,service was outstanding yours sincerely Billy and Anne.
1 week ago
Marc
Great through each step of the process! Wayne was very helpful and friendly - As my brother and I were first-time house buyers we didn't know anything about the process or what was required. However, Wayne and UK Moneyman were able to patiently help...
1 week ago
C
Very helpful, very friendly and very available. Leo and Lizzi are very quick to answer, and sometimes reply out of the usual NWD, which was really appreciated due to my hectic work schedule. They felt like a much needed ally for a First time buyer.
1 week ago
Jordan
Amazing service and great people! Made it easy for us as we were first time buyers, explaining the process step by step! Highly recommended
2 weeks ago
Mrs Carole
Really helpful and a good service, enabled me to achieve my goal.
3 weeks ago
Derek
Excellent service levels, advisor took trouble to establish my needs before suggesting the most appropriate products to meet them. Can’t recommend them highly enough.
3 weeks ago
Alex
Very quick and helpful service.
3 weeks ago
Sandra
Very helpful & knowledgeable.
3 weeks ago
Michael
Excellant service from start to finish ( and afterwards). An efficient, professional company that will not fail
3 weeks ago
Anonymous
Excellent process with help from Wayne Dewsbury and team. Highly recommend, thank you.
4 weeks ago
Ellie
I ended up needing to buy my first home in rather a hurry due to unseen circumstances and was in over my head with no idea what steps I needed to take. I fumbled around for a while looking at mortgage advisors, getting calls off many of them who...
1 month ago
Michael
Had a great experience with UK Moneyman, cannot fault their service!
5 days ago
James
Brilliant service, would recommend UK Moneyman!
5 days ago
Josh
I have been very happy with the Moneyman process throughout, from the initial conversation covering what to expect, to the hassle free administration of getting my mortgage in motion.
1 month ago
Anonymous
Excellent service!
6 days ago
John
A good service
1 month ago
Louise
I would not use anyone else’s this company from start to finish go above and beyond in all they do would definitely recommend them to anyone Leo is amazing and I will definitely be getting my daughter to go for her mortgage with these guys as I...
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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