You may have already heard that getting lenders to provide mortgages to self-employed individuals will require you to go through more hoops. This is where our personalised mortgage advice will help you.

Lenders want to make sure that you are capable of making payments so will most likely want to see a minimum of two years’ accounts, some even requiring three years. Many accountants will use legal loopholes to reduce your tax burden; however, these loopholes can show reduced profits and so lenders may not trust that you have a stable income at your disposal. You will need to make sure that your accountant is aware that you are wishing to apply for a mortgage to ensure that your records show your financial stability.

As a mortgage advisor we can work with you to find a lender that will suit your circumstances. We can help ensure you avoid banks and building societies that are likely to reject your application and find you a lender that have far less strict criteria. We can offer expert mortgage advice for Exeter and beyond to ensure you meet all the necessary requirements.