Updated: Feb 12, 2021
Lenders will look at your share of the company’s profits if you’re in a partnership, so they can establish how much money you make – rather than how much money you and your partner make together.
You’ll need to make sure your accounts show this information clearly. And make sure you have your SA302s/tax calculations and tax year overviews to hand.
If you’re self-employed, a healthy deposit will boost your chances of securing a mortgage. Lenders look at your loan to value ratio (LTV) to help them decide whether to lend to you or not. The higher
If you want to improve your chances of being accepted for a mortgage, you should apply for a Decision In Principle (DIP), also known as a mortgage in principle. These are statements you’ll get from ei
You most likely won’t be able to apply for a mortgage if you haven’t filled out a tax return for your first year of trading. That’s because from a lender’s perspective, you don’t have acceptable evide