As a Self Employed applicant, unfortunately, it can be a little more difficult to get a mortgage. This is not down to the process; this is down to the number of documents that you have to supply as evidence of your income.
First of all, lenders will want to see at least one years’ accounts and bank statements of more than three months. More lenders are also beginning to factor in net profit to determine whether you are a suitable applicant or not.
A regular mortgage applicant will have their affordability and income assessed, however, a Self Employed applicant will also have their business assessed on top of this. We have been helping Self Employed applicants achieve their mortgage dreams for over 20 years now, and we want to help you next. As your mortgage broker in Cardiff, our job is to get you through the process and help you achieve a great Self Employed mortgage product for you and your personal circumstances.
We have a large number of lenders on panel that each hold Self Employed mortgage products. We will try our best to pick out the best one for you.
Whether this is your first experience buying a home as a Self Employed applicant in Cardiff, or you’ve done this before and want to move home, we still think that our services will benefit you. Our aim is to try and save you time and money; we will be 100% transparent with you at all times.
All Self Employed applicants, no matter their situation, can benefit from a free mortgage appointment. We have specialist Self Employed mortgage advisors in Cardiff available 7 days a week to answer all of your questions.
Most lenders require self-employed individuals in Cardiff to have a minimum of two years of self-employment history to apply for a mortgage. However, some mortgage lenders may only require one year of history.
Self-employed mortgage applicants in Cardiff are eligible for the same mortgage rates as other employed applicants. The only difference is the way mortgage lenders evaluate their income.
If you own at least 20-25% of a business, mortgage lenders in Cardiff will classify you as self-employed.
Contrary to popular belief, there are no specific requirements or additional barriers preventing self-employed individuals from applying for a mortgage in Cardiff.
The challenging aspect of applying for a self-employed mortgage in Cardiff is providing accurate proof of income and demonstrating reliable and consistent income. Mortgage lenders will only consider taxable income.
Navigating the mortgage process can be complex, and working with a mortgage broker in Cardiff can be advantageous.
As a open and honest mortgage broker in Cardiff we have helped many self-employed individuals secure a mortgage in Cardiff, even when they thought it was unlikely. Let us help you get approved for a mortgage as a self-employed applicant in Cardiff.
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Josh
Leanne was very friendly, build up an instance rapport and helped me with my all questions prior to my meeting with another Advisor tomorrow. Thank you Leanne for your help. Josh 😀
8 months ago
Thomas
Cardiffmoneyman has been perfect for us as First Time Buyers. Charlie & Leo were both great at sorting everything out for us promptly and explaining things clearly. Everyone we’ve spoken has been super friendly and helpful. We’re...
2 years ago
Stacie
We were recommended to use Cardiffmoneyman, by friends who used them looking to remortgage. They were fantastic. From start to finish, we were kept informed throughout the entire process, and their working hours were handy, as I and my husband both...
2 years ago
Emma
Jason was great! Being self employed I thought I would never get a mortgage, but here we are and im happily moving into my new home. Couldn't have done this without you and your team, thank you!
2 years ago
Discuss your situation and mortgage goals with a dedicated mortgage advisor in Cardiff.
During this appointment, your advisor will look at your tax year overview and tax calculations to work out your maximum affordability.
Our team will look through 1000s of mortgage products to find the best deal for your circumstances.
We will then find you a mortgage agreement in principle to help you back up any offers you want to make.
Once your purchase offer has been accepted, your mortgage advisor in Cardiff will submit your full mortgage application and evidential documents to your lender.
Throughout the process, a dedicated case manager will keep you up to date until you receive your official mortgage offer and complete your purchase.
Our service won't just stop here. We will not only secure you the best mortgage deal, and we will also recommend relevant insurance to protect you.
We will also contact you about the date of renewal of your mortgage to make sure you are always on the best deal.
Follow our ‘Book Online’ form and book yourself in for a free mortgage appointment; Self Employed Mortgage Advice in Cardiff is around the corner!
We have advisors in Cardiff that can take on your Self Employed mortgage case. We don’t just give you advice, we stand with you from start to finish to make use that you receive the best experience possible!
Lending criteria varies from lender to lender. This applies to every mortgage situation; some lenders will also tailor their products to certain types of buyers. Our job is to find the right product for your Self Employed mortgage situation so that you come out with a deal that is best suited to your personal and financial situation.
It’s important that we offer a helping hand, we know how it feels to be in the middle of a complex mortgage case and not know what to do. We also deal with specialist mortgage scenarios and can give you Mortgage Advice in Cardiff that could help you with your situation or get over that hurdle.
Get in touch with our fantastic mortgage team in Cardiff and see how we can help. It takes less than one minute to fill out our contact form and book a mortgage appointment, try it for yourself!
Follow our ‘Book Online’ form and book yourself in for a free mortgage appointment; Self Employed mortgage advice in Cardiff is around the corner!
We have advisors in Cardiff that can take on your Self Employed mortgage case. We don’t just give you advice, we stand with you from start to finish to make use that you receive the best experience possible!
If you are having these types of experiences, you may need a Mortgage Broker in Cardiff to help you:
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Cardiffmoneyman.com & Cardiffmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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Cardiffmoneyman.com & Cardiffmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
