Can I have a home loan if I’m one-man shop?

Can I have a home loan if I’m one-man shop?

Research conducted by Aldermore Bank suggests that around a 3rd of self-employed individuals think that mortgage brokers are biased against them based on their work status.

With around 4.8 million self-employed individuals presently staying in the UK, it is likely that numerous are discounting on their own from possessing a residential property without also attempting.

Regardless of this commonly-held belief, there was in reality absolutely nothing to declare that being one-man shop limits the amount of home loan deals that are offered for you.

But, individuals who work with on their own are going to do have more complex incomes than those who find themselves utilized by a company, and must frequently manage to show their earnings before loan providers are able to have a risk on it. Read More …