Overcoming Credit

Overcoming Credit Challenges: Mortgage Approvals for the Self-Employed and Business Owners

Introduction:A common concern among self-employed individuals and business owners looking to enter the property market is whether a less-than-perfect credit history can scupper their chances of obtaining a mortgage. In this blog post, we’ll explore the options and strategies that can help you secure a mortgage, even with a poor credit history.Understanding Credit Implications:Credit history…

Navigating Mortgage Applications for the Self-Employed and Business Owners: Understanding Proof of Income Requirements

Introduction:Embarking on the journey to home ownership can be an exhilarating yet daunting experience, especially for self-employed individuals. Unlike traditional employees, the self-employed and business owners face unique challenges when proving their income to mortgage lenders. This blog post aims to demystify the proof of income requirements for the self-employed, ensuring you’re well-prepared for your…

Obtaining a mortgage with One Year’s Accounts

Securing a mortgage is a significant step towards owning your dream home, and for those with self-employed or entrepreneurial ventures; and business owners, the process can sometimes seem daunting. Traditionally, mortgage lenders require at least two to three years of accounts to assess an applicant’s financial stability. However, there’s good news for those with only…