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Self Employed Mortgage Advice in Liverpool

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Discover the possibilities of Self Employed Mortgages!

The home buying process can be rather intimidating and full of surprises, especially if you are Self Employed!  We’re there to support you through the whole process, talk you through what happens and when and always be at the other end of the phone when you need us. Every so often, when buying a new home, things don’t go to plan. That’s why having an expert Mortgage Advisor in Liverpool, with experience of Self Employed mortgages, on your side will be beneficial.

Self Employed Mortgage Advice in Liverpool

How does it work?Get a quote nowMeet your advisor

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

Self Employed popular scenarios – purchase or remortgage deals:

  • Limited Company owners or Sole Trader mortgages
  • Income structure – i.e. dividend, salary, mixed-income, retained profit, directors loan
  • Fluctuating net profit
  • Any changes in your personal situation
  • Freelancer or Contractor Mortgage Advice
  • Your bank has refused a Mortgage? i.e. poor credit, the bank won’t lend enough, lending criteria, auto-decline etc.
  • Have you got an unusual or complex situation and are wanting mortgage help?

Reasons to choose us as your Mortgage Broker in Liverpool:

  1. We’ll be here for you for help and support 7 days a week! Buying a property isn’t always easy, we’ll help you over any hurdles you face throughout the whole process.
  2. It’s our job to take the stress away, we’ll aim to make you feel relaxed and be open and honest.
  3. Please read our genuine customer Reviews at Reviews.co.uk – Your service is really important to us.
  4. Unlike a bank, we’re able to search 1000’s of mortgage deals in order to recommend the best one for you!
  5. We’ll help you with any existing mortgages and properties in the background, and the options available with these if it’s required.

 

We know that is can be hard getting a mortgage whilst being Self Employed in Liverpool. That’s why we want to help, your expert Self Employed Mortgage Advisor in Liverpool is just a phone call away!

What our customers say

Common mortgage
questions

Your free mortgage consultation with Liverpoolmoneyman will last around an hour. After your details have been taken, a Mortgage Advisor in Liverpool will then search through thousands of mortgage deals to find a perfect matching deal for you. Once we recommend the deal, you can decide whether to proceed with us or not, it’s completely up to you!

As your mortgage broker in Liverpool, we will need to carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for you. A credit check is always required for you to obtain an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, a formal mortgage offer can be issued.

We always recommend that you obtain an Agreement in Principle before you start viewing properties in Liverpool, as they can potentially put you in front of other buyers who don’t have one. Lenders will like the fact that you have prepared before making an offer.

An Agreement in Principle typically remains valid for between 30 and 90 days, but this can change depending on your Lender. If your Agreement in Principle expires it can always be refreshed.

Yes, you can get a second mortgage. You can take out a second mortgage for your current home for things like debt consolidation and home improvements. It is also possible to take out a second mortgage for another property if you want. Usually, this situation comes about when people are interested in a holiday home, are buying for a friend/family member or want a Let to Buy or Buy to Let.

The minimum deposit when buying a house in Liverpool with High Street Lenders is typically 5%. You will rarely find lenders that will accept a minimum of less than 5%. This minimum can be higher if you have had bad credit in the past.

It is possible but it can be a bit tricky though. When you have had previous credit problems your minimum deposit that is required could rise, we have seen it at 15% before. Having a Specialist Mortgage Broker in Liverpool could really help you get back on track in situations like these.

After you have proven at least one year’s accounts to your lender, you should be able to get a mortgage. Most lenders will use your salary plus dividend to work out your maximum mortgage, however, some can go off your net profit.

If you’re an employee, you will usually have to supply three payslips in order to prove your income. If you are self employed its normally the latest 2 years’ accounts. You will also need to produce proof of ID, address and 3 months’ bank statements.

Our free initial mortgage consultation can last up to an hour. After we have all of your information we can get you an Agreement in Principle within 24 hours or your phone call. On average, a formal mortgage offer takes about three weeks.

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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 Liverpool.

Step 3

Make an offer on the property in Liverpool 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.

Handy quick links

Liverpoolmoneyman.com & Liverpoolmoneyman 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.

© 2020 Liverpoolmoneyman

Liverpoolmoneyman, Rodney Chambers, 40 Rodney Street, Liverpool, L1 9AA.

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