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Self Employed Mortgage Advice in Halifax

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01422 887197

Discover the possibilities of Self Employed Mortgages!

 

As a Mortgage Broker in Halifax, we believe that Self Employed clients are often subject to receiving the short end of the stick when it comes to securing a mortgage deal and can sometimes lead to unfair treatment… We try to decrease this as much as possible and without the experience of a Mortgage Broker in Halifax on your side, like us, it may prove tricky if you’re applying for a mortgage as a Self Employed applicant!

 

We have lots of experience working with Self Employed clients and helping them secure a mortgage, so we are almost certain that we’ll be able to help you. With a minimum of 1-year accounts, it may be possible to secure a mortgage deal. Self Employed Mortgage Advice in Halifax.

 

How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

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Popular Self Employed Scenarios

We work with all types of Self Employed clients, all needing assistance with mortgages. Here are just a few of the scenarios that we are used to dealing with:

 

  • Are you a sole trader, company director, contractor, partner or freelancer?
  • Have you 1 or 2 years trading history?
  • Complex multiple income streams i.e. salary + dividends?
  • Fluctuating net profit?
  • Has your status recently changes from a sole trader to ltd company?
  • Is your situation complex?
  • Have you been declined due to lending criteria or credit score?

Why you should a Mortgage Broker in Halifax?

  • Free no-obligation mortgage consultation for all customers.
  • We are very experienced with Self-Employed applicants.
  • We pride ourselves on the level of customer service we offer, read our genuine customer reviews.
  • Our expert mortgage advisors are here all throughout the week to answer all of your mortgage queries.
  • We can search 1000’s of mortgages to find you the best deal for your circumstances.

What our customers say

Common mortgage
questions

Our free consultation will most likely last around an hour. A dedicated mortgage advisor in Halifax can turn round an agreement in principle within 24 hours of this consultation, with a formal mortgage offer taking about three weeks on average.

A dedicated mortgage advisor in Halifax will carry out a Fact Find to work out what your personal needs are prior to recommending the most suitable mortgage for you. In order to get an Agreement in Principle, you’ll be required to have a credit check. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, you can be formally issued a mortgage offer.

Your free mortgage consultation in Halifax with an advisor will last for roughly around one hour. Once this has been undertaken, they will then recommend a mortgage for you. You’re under no obligation to accept this and have the freedom to walk away still, should you feel that’s the better option.

To avoid being disappointed down the line, we suggest that you obtain an Agreement in Principle prior to property viewings in Halifax. You should obtain one no later than the point before you start making an offer in order to assist your bargaining position.

An Agreement in Principle will most likely last between 30 and 90 days depending on who you take one out with. If your Agreement in Principle expires, come back to us and we’ll get this refreshed for you.

If you are looking at some future financial planning or home renovation like debt consolidation or Home Improvements, you may be eligible for a second mortgage. It can be possible to take out a mortgage on a second property for your own use, for a family member, for a holiday home or even for a Buy to Let.

The minimum deposit required for a home buyer purchasing a house in Halifax with a High Street Lender is generally 5%. If you have had credit problems in the past, this may be higher.

If you have had a recent history of credit problems a mortgage may still be within reach, though you may possibly be required to put down a higher deposit than usual. We find that this figure is commonly around 15% of the property purchase price.

Once you have submitted at least one year’s accounts to the mortgage lender, you are eligible to get a mortgage. Most Lenders will use a calculation of your salary plus your dividend to determine the maximum mortgage amount you can take out, whereas others may go off your net profit.

It will typically be the last three payslips for employees to prove their income to the lender and the latest 2 years’ accounts if you’re a Self-Employed applicant. You will also need to provide your mortgage lender with some proof of ID, address and 3 months’ bank statements.

We make it so easy!
Our 4 step process

Step 1

A telephone call where we can take some initial details and find out about your plan of action to get to know your Self Employed situation a bit better.

Step 2

You can take some time out to browse potential properties in Halifax.

Step 3

Make an offer on the property in Halifax that you have your eye on – we’ll finalise your figures and help you get your best deal as a Self Employed applicant.

Step 4

Our Mortgage Advice and recommendations. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

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Halifaxmoneyman.com & Halifaxmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

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