I am self-employed in my first year of employment. I have been told by mortgage brokers that I can't be accessed for a mortgage without a full year of accounts. I receive a monthly fee from the company I work for - a de facto salary but am responsible for my own tax and NIS. Will I have to wait or are their any mortgage options for someone in my position?
Ask the Specialist response:
We have assisted clients before who do not have one year's accounts but can prove their income either with contracts, accountants letters, remittances, bank statements and so on.
It is a specialist area and would depend on a number of factors such as your profession, experience, credit status, deposit and purchase price.
I would contact one of our advisers on 020 77 100 400 and we should be able to let you know whether we can assist within 10 to 15 minutes.