Self-Employed Mortgages

Are you your own boss?

There is a common myth that mortgages for self-employed people are trickier to get. However, Fulcrum’s Managing Director Roger Parry points out:

“With the right preparation and broker, we completely disagree with the concept that mortgages for the self-employed are harder to arrange.

“We can guide you on what documents we need to obtain from your accountant or HMRC, and we aim to make the whole process painless and stress free. As a company we understand the self-employed client. I have over 20 years experience of placing and arranging mortgages for the self employed and it’s an area that’s very close to my heart. After all, I’m self employed too!”

Who can we help?

These are just some of the categories of self employed we can help:

• Sole traders
• Limited company directors
• Equity partners in LLPs
• IT contractors or those on fixed-term contracts/day rates, etc.
• Construction CIS contractors

Finding you the best deal

We’ll work with your accountant to get the accurate information we need to make a judgement call on who is the best lender for you.

For example, directors of limited companies….. some lenders use salary and dividends, some use salary and share of the net profit. The difference in borrowing capacity can be significant depending on which lender you speak to.

The days of 3 years’ trading accounts seem to be gone now. Most lenders want either 2 years’ accounts or figures from HMRC, but we do have a panel of lenders who will use 1 year if that’s all you have.

Get in touch for a no obligation chat. Run it past us. We’d love to help.

Here’s the legal bit…

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Our initial mortgage consultation is free. Fulcrum Financial usually charges a fee for mortgage advice. The amount we will charge is dependent on the amount of research and administration required and will be discussed and agreed with you at the earliest opportunity.

Other services we offer: