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Self Employed Mortgage Advice in Cardiff

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Discover the possibilities of Self Employed Mortgages!


Sometimes it can feel like self-employed applicants are at a disadvantage when it comes to obtaining a mortgage. Having a self-employed mortgage broker in Cardiff by your side is something that will greatly benefit you in your process.


When it comes to self-employed lending criteria, there can be a lot of variances. Our in-house mortgage advisors have a great deal of knowledge and experience when it comes to self-employed lending criteria, making sure we get you the best mortgage product and lender for your personal situation.


If you are having difficulty with a mortgage, we may also be able to help. Often we find that clients who call have had some difficulties with their bank or high street mortgage lender. This can be down to a variety of reasons, including but not limited to; your income structure, fluctuating net profit or they will not lend enough.


If this is the case, it is important to remember that trying various lenders without being 100% sure of their lending criteria can be detrimental to your credit score, possibly harming your chances of obtaining a mortgage in the future.


How does it work?Get a quote nowMeet your advisor

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

Mortgage Lenders 007

Self Employed Mortgage Scenarios – Purchase or Remortgage Deals

  • Limited Company owners or Sole Trader mortgages.
  • Freelancer or Contractor Mortgage Advice.
  • Income structure – i.e. dividend, salary, mixed-income, retained profit, directors loan.
  • Fluctuating net profit.
  • A change in personal situation.
  • Refused a mortgage from your bank? i.e. poor credit, bank won’t lend you enough, lending criteria, auto-decline and so on.
  • Have you got a strange situation and are in need of mortgage help?

Why should I use a Mortgage Broker in Cardiff?

    1. We’re here for to work for you! With our in-depth lending criteria knowledge, we are beneficial to have on your side.
    2. It’s our job is to make you feel stress-free and comfortable from your initial enquiry, right through to the end of the process.
    3. Customer service is something our mortgage advisors really pride themselves on. Please read our genuine reviews to learn more about our service.
    4. Our Mortgage Advisors are able to provide you with a service that best suits you, we’ll work around any work and family commitments.
    5. Unlike your bank, we’re able to search 1000’s of mortgage deals on your behalf to find the right one for you.

What our customers say

Common mortgage

Roughly your initial mortgage consultation will take around an hour. A Mortgage Advisor in Cardiff will then recommend a potential mortgage for you, which you can then choose to take or decline – You have no obligation!

As your dedicated Mortgage Broker in Cardiff, we carry out a Fact Find to clarify what is required for your personal situation before we progress and recommend a potential mortgage. To obtain an Agreement in Principle we then need to conduct a credit check. Once all the relevant documentation has been presented to your advisor, and a valuation of the property has been undertaken, a formal mortgage offer can be issued.

It is advised that you obtain an Agreement in Principle before you begin viewing properties in Cardiff. This helps reduce the risk of disappointment at a later stage. At the very latest you should look at getting one before you are ready to make an offer, as this will help with your bargaining position.

The average time an Agreement in Principle lasts for is between 30 and 90 days depending on the Lender you have gone with. If your Agreement in Principle expires, you can always get it refreshed.

If you are looking at things like debt consolidation or Home Improvements, then you may be able to get a second mortgage. Second mortgages may also be applicable if you are hoping to use it for yourself, a family member, a holiday home, or a Buy to Let mortgage.

When purchasing a house in Cardiff, the deposit required with High Street Lenders is usually 5%. Depending on your past credit history, this could be higher.

You may still be able to get a mortgage with a poor credit history, but this will typically require a higher deposit than usual, sometimes around 15% of the property purchase price.

To obtain a mortgage whilst Self-Employed in Cardiff once you have submitted at least one years’ account. Most Lenders use your salary plus dividend to calculate the maximum mortgage, whilst others may choose to go off your net profit.

For an employee to prove income you are looking at the last 3 payslips and if you’re self-employed you’ll need the last 2 years of accounts. You will also need to provide proof of ID, address, and 3 months’ bank statements.

Generally speaking, our free consultations take around 1 hour. A Mortgage Agreement in Principle can usually be sorted within 24 hours. A formal mortgage offer takes about three weeks on average, depending on the circumstances.



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 Cardiff.

Step 3

Make an offer on the property in Cardiff 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 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.

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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 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.

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