Skip to content

Avatar
Log In
Please consider registering
Guest
Forum Scope


Match



Forum Options



Min search length: 3 characters / Max search length: 84 characters
Register Lost password?
sp_TopicIcon
Self Employed for 18 months
Avatar
cyclechamp
3 Posts
(Offline)
1
06/01/2021 - 3:12 pm

Good morning… Can anyone help me?

My bank have declined my mortgage because I have only been self employed for 18 months and only have 1 years SA302/Tax returns. I have been with that bank for years, I find it ridiculous that they wont help me.

I’ve sold my house and I feel stuck at the moment.

Avatar
101 Posts
(Offline)
2
06/01/2021 - 3:13 pm

Hi, thanks for getting in contact.

Try not to be too disheartened as the bank turning you down does not necessarily mean others will.

We are whole of market brokers and have access to lenders that will be comfortable with just 1 years accounts.

Avatar
cyclechamp
3 Posts
(Offline)
3
06/01/2021 - 3:13 pm

Thanks for this. I thought being Self Employed and getting a mortgage would be the same process as being employed, in fact I am earning more now and seem to have less options which is very frustrating. Based on what you have said I am feeling a bit better about my next steps. I will speak to my partner and get in touch, thanks again! Shall I call the 01245330163 number above so we can chat in more detail?

Avatar
101 Posts
(Offline)
4
06/01/2021 - 3:13 pm

It can be daunting being Self Employed as it’s easy to think that all mortgage lenders will unduly scrutinise you however rest assured this is not the case!

My colleagues and I would be more than happy to discuss the matter in more detail with you over the phone.

Our office hours are as follows:

Monday – Friday – 09:00 – 21:00
Saturday/Sunday – 09:00 – 17:00

Avatar
cyclechamp
3 Posts
(Offline)
5
06/01/2021 - 3:14 pm

This is great and very reassuring. I will be in touch once I am home and have had a chance to chat to my partner.

Forum Timezone: Europe/London
All RSSShow Stats
Top Posters:
jrlsmc890: 12
beepboopbeep: 12
Allison79mw: 11
walt46: 11
ashley_987: 10
Redpanther89: 9
nursek: 8
M_wannabe: 6
RussH: 6
ERG005: 6
Newest Members:
testls
paulgough
ThomasMoubs
Davidjohn753951
Tim453
joric
RelyServices5
RobertHep
ncubemp
Help2022
Forum Stats:
Groups: 1
Forums: 12
Topics: 156
Posts: 556

 

Member Stats:
Guest Posters: 0
Members: 411
Moderators: 5
Admins: 3
Most Users Ever Online: 207
Currently Online:
Guest(s) 1
Currently Browsing this Page:
1 Guest(s)

Read Our Latest Reviews

4.94 Stars - Based on 2377 User Reviews

Your home may be repossessed if you do not keep up repayments on your mortgage.