Done by an expert.
Remortgaging in general can save you money since, if you don’t, you’ll be switched to your lender’s standard variable rate (SVR), which will be higher and subject to increases if and when interest rates will go up again.
We also understand the challenges of being self-employed. Mortgage lenders tend to have stricter or specific criteria for the self-employed. This means finding the right mortgage for you can feel a daunting experience and be more challenging, unless you are guided by the right expert. Below we will de-mystify the complexity of mortgages for self-employed and highlight some of the most common questions if you want to remortgage as a self-employed.
Q: How can you help me maximise my business borrowing potential?
We pride ourselves on our in-depth understanding of finance. We work with accountants regularly and have the knowledge and experience to correctly read through your company accounts, how you receive your income, and the value that your business generates. This means that we know how to maximise your business borrowing potential.
Q: How do you present my business accounts to a mortgage underwriter?
When presenting your business accounts to a mortgage underwriter, our team takes into consideration various factors such as your income, expenses, the sector that you operate in, your track record and your overall financial stability. We make sure that your company’s financial information is discussed in a clear and comprehensive manner, to demonstrate your capacity to repay the loan. This comes as a result of our knowledge and experience, that will let us present you and your business in the most effective way in order to give you the best chances of approval.
Q: How is my income taken into account in your mortgage assessment?
When it comes to getting a mortgage, traditional lenders often only consider your salary and dividends as sources of income. However, we understand that the net profit of your business is also a crucial factor in determining your ability to repay a mortgage. You may also have a range of income sources and all need to be considered in the most effective way. Every business is unique and one size doesn’t fit all, so we work closely with you to understand your financial situation and tailor our approach with lenders that are most suited to meet your needs. Ultimately, we take the time to evaluate your business to reveal its true potential, and in doing so we may be able to help you borrow more money with your mortgage.
Q: Can you help me if I have been rejected by a mainstream lender?
Yes, we would like to help you and see how we may make a difference. We have access to specialist lenders that best understand the more complex needs of business owners and limited company directors. This means that if you have a complex background or you have been rejected by a mainstream lender, we may still be able to help you.
Q: Can you help me if I am a new business owner with only one year of company accounts?
Yes, we would also like to help you with that. The majority of lenders require at least 2 years trading history. However, depending on your circumstances it is also possible to get a mortgage if you only have a one year’s accounts history.
Don’t let rising interest rates catch you off guard! We are here to help you secure some of the best remortgage deals in the market. With access to thousands of rates, we provide tailored offers to help you save money. Don’t wait – secure your future today.
How our service could benefit you:
- We are a team of highly experienced and knowledgeable advisers
- We help present and maximise your unique business potential to an underwriter
- We navigate the complexity of options and criteria for the self-employed
- We secure the most favourable deal from a range of mainstream and specialist lenders
Ready to remortgage? We’ve got you covered! From understanding how it works to comparing the available rates on the market, we’ll guide you through the entire process to secure your next best deal.
Expert at your service
Make well-informed decision.
With 20 years experience in financial services and in the property market,
you will get the reassurance you need.
Save you money and time.
We will de-mystify the complexity of
mortgages for the self-employed, and
navigate through the criteria and
options available to you.
A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. You may have to pay an early repayment charge to your existing lender when you remortgage.
Some of our happy clients
Hear what our happy clients say about us. We have helped self-employed just like yourself to save £££ by remortgage.