Tag: Self-Employed
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Case Study: London Mortgage with One Year’s Accounts
Summary We recently helped a couple secure a mortgage in Camden to purchase a flat valued at £645,000. One applicant was self-employed and had only one year’s accounts available. We needed a lender that could consider the self-employed applicant using their first year of trading figures. There were also two other important considerations: childcare payments… Read more
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Mortgages For Freelancers
Mortgages for Freelancers – How to Get a Mortgage When You’re Self-Employed You work for yourself, win projects, and manage your income. When you apply for a mortgage, it can make the process more daunting due to the fluctuations in income. With the right preparation and a broker who understands freelance income, you can apply… Read more
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Securing a Mortgage as a Limited Company Director
How Limited Company Directors Can get a Mortgage Navigating the mortgage landscape as a Limited Company Director can be more complex than for typical employed applicants. This guide will equip you with the essential knowledge and steps to secure a mortgage, ensuring you maximise your chances of success. Can a Company Director Get a Mortgage?… Read more
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Income Protection for Self-Employed Professionals
Self-Employed Income Protection Explained Being self-employed gives you freedom and flexibility, but it also comes with responsibility. Unlike employees, you do not receive sick pay or workplace benefits if you are unable to work due to illness or injury. This can leave you in a vulnerable position, especially if your income is the main source… Read more
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Mortgages for OnlyFans content creators
Can you get a mortgage as an OnlyFans creator? Yes — but it can be more complex than a standard application. If you earn income through platforms like OnlyFans, lenders will usually treat this as self-employed income. While many lenders are happy to consider it, they will assess your earnings carefully to ensure they are… Read more
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Joint Mortgage When One Applicant Is Self-Employed
Getting a Joint Mortgage When One of You Is Self-Employed: A Complete Guide If you’re exploring the idea of applying for a joint mortgage and one of you is self-employed, you’re not alone. Many couples or co-buyers are in a similar situation, where one person is on a traditional PAYE income and the other works… Read more
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Documents Needed for a Self-Employed Mortgage
Essential Guide to Applying for a Self-Employed Mortgage Applying for a mortgage as a self-employed individual can feel daunting, especially when it comes to gathering the right documentation. Unlike salaried employees, who present payslips and a P60, self-employed applicants need to provide a more detailed financial picture to prove their income. At Kerr & Watson,… Read more
