Not sure how to get a self employed mortgage? The Cambridge are here to help
10 October 2019 • Products & Services
At The Cambridge we want to take the challenge out of buying a home. If you’re self employed and are thinking of applying for a mortgage, here are the top things we think you need to know:
1. Regardless of your profession, if you can prove your income and show you can afford the repayments, a self employed mortgage could be for you.
2. To prove your income at The Cambridge we require the last 2 years’ tax calculations and tax year overviews to enable you to apply for any mortgage in our range.
3. You can print your own tax calculation and "tax year overview" if you do your Self Assessment tax return using HMRC’s online services.
4. We will pay close attention to your income and your outgoings before deciding on your eligibility for any mortgage product. We recommend you carefully balance your personal spending for at least the six months prior to making an application.
If you’re self employed and you’re ready to see how The Cambridge can help you, check out our helpful guide. Alternatively, you can book a face-to-face or telephone mortgage appointment with one of our advisers right here.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.