It’s a big decision to start out on your own being self-employed, but hopefully you hit the ground running and your skill enables you to earn the money you deserve.
One problem a new business start-up encounter is finding themselves locked out of the mortgage market due to having only one year’s accounts as most lenders will ask for at least a 2 year history.
Even having two years accounts with some lender may still be problematic if your first year income was less that the current year as the lender may add the two years figures together, divide these by two and use the average making your buying power less.
Here at Ashleigh Mortgages we may be able to help if you find your in this position.
Only one year’s accounts
We can work off your latest year’s accounts.
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