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Self Employed Mortgage Advice in Harrogate

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Discover the possibilities of Self Employed Mortgages!

 

Self-employed applicants can sometimes get the short straw when it comes to obtaining a mortgage, with lenders requiring you to provide more information than employed applicants.

 

With this in mind, it is essential that you take heed of self-employed mortgage advice from an experienced and knowledgeable company such as ours.

 

By speaking to a reputable Mortgage Advisor in Harrogate like Harrogatemoneyman, we will provide you with invaluable advice, no matter what sort of business owner you are.

 

If you are looking to buy a new property or remortgage soon, we are here to assist. Because we have spent many years working with self-employed clients from a variety of backgrounds, all looking for us to secure the best deal for them, we have vast in-depth knowledge of lenders self-employed criteria.

 

How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

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Popular Self Employed Scenarios

We work with all types of self-employed clients, all needing assistance with mortgages. Here are just a few of the scenarios that we are used to dealing with:

 

  • Purchase or remortgage deals for sole traders or limited company owners
  • There has been a recent change in your personal situation
  • You need advice on sole trader mortgages
  • You require contractor/freelancer mortgage advice
  • Multiple Income Streams

 

Traditionally, banks are not always very receptive when approached by their self-employed customers for mortgages. No matter how many years you have been banking with them or how much money you pay into your account on a regular basis, if their computerised lending criteria do not like your financial information, they will just say no.

 

We are used to dealing with complex mortgage situations. All you have to do is get and touch with us and we will do the rest.

Why you should a Mortgage Broker in Harrogate?

Using a Mortgage Broker in Harrogate such as Harrogatemoneyman can save you a great deal of time, money and effort. From the first day that you make contact with us, we will work for you.

 

With in-depth knowledge of self-employed lending criteria, we will be sure to source you the best possible deal tailor-made to your circumstances.

 

We will be by your side from day one. You can rely on us from the first point of contact to the day when you collect the keys from the estate agent and walk through the front door of your new home.

 

As far as we are concerned, customer service is not something that is taken for granted. You will find our staff respectful, courteous, patient and attentive.  If you don’t understand something or need to have something explained in more detail, just ask.

 

Check out our feedback at Reviews.co.uk and see why so many people choose us when looking for a self-employed mortgage.

 

As your Mortgage Advisor in Harrogate, we are here to help you. Get in touch with us today and make a date for your free mortgage consultation.

What our customers say

Common mortgage
questions

Your free mortgage consultation with a Mortgage Advisor in Harrogate will last for approximately one hour. They will then recommend a mortgage for you, one that you have no obligation for you to accept if you do not wish to. Proceeding with the mortgage is completely your choice.

As a part of our service as a fast and friendly Mortgage Broker in Harrogate, we carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for you and your personal circumstances. A credit check will then required ahead of obtaining an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been taken out, a formal mortgage offer can then be issued to you.

To avoid being disappointed part way into your process if you don’t get the property you had eyes on, we recommend you obtain an Agreement in Principle ahead of schedule, before you begin viewing properties in Harrogate. At the very latest you should obtain one prior to making any offers to a vendor, as this can aid with your bargaining position.

An Agreement in Principle will generally have a shelf life of between 30 and 90 days, depending on the lender used. If your Agreement in Principle expires, get back in touch with your mortgage advisor and they can get this refreshed for you.

If you are looking to do something like debt consolidation or any potential home improvements, you may have the option of taking out a second mortgage in Harrogate. It may also be possible to take out a mortgage on a second property for other uses, such as for yourself, a family member, a holiday home or a Buy to Let.

The minimum deposit a customer will be required to have when purchasing a house in Harrogate with a mortgage lender, is typically 5%. This figure can be somewhat higher if you have had any previous credit problems.

If you have had any kind of credit problems previously, there is a chance you can still get a mortgage. Unfortunately for this, you may possibly be required to put down a higher deposit than usual, typically 15% of the property purchase price.

Once you have submitted at least one year’s accounts to the lender, you may then be able to obtain a mortgage on the property you wish to buy. Most lenders will use a combination of your salary plus dividend to calculate the maximum mortgage, whereas others may go off your net profit.

An employee will generally be required to submit at least three payslips for an employee to prove income and the latest 2 years’ accounts if they are Self Employed. You will also need to provide your mortgage lender with proof of ID, address and the last 3 months’ bank statements.

Our free mortgage consultation offered to all customers will typically last somewhere near an hour or so. The members of our dedicated mortgage advice team are able to turn round an agreement in principle within 24 hours, with a formal mortgage offer taking roughly about three weeks on average.

We make it so easy!
Our 4 step process

Step 1

A telephone call where we can take some initial details and find out about your plan of action to get to know your Self Employed situation a bit better.

Step 2

You can take some time out to browse potential properties in Harrogate.

Step 3

Make an offer on the property in Harrogate that you have your eye on – we’ll finalise your figures and help you get your best deal as a Self Employed applicant.

Step 4

Our Mortgage Advice in Harrogate and recommendations. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

Handy quick links

Harrogatemoneyman.com & Harrogatemoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

© 2021 Harrogatemoneyman

Harrogatemoneyman – Workhub Harrogate, C/O Umbrella Property Group, 12 Station Parade, Harrogate, HG1 1UE.

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