Post by Yomo Finance

One of the biggest misconceptions we hear is: “I’m self-employed, so getting a mortgage will be difficult.” The reality is that many lenders work with self-employed applicants every day, but they all assess income differently. Some may use salary and dividends, others look at net profit or contractor income. That’s why preparation and understanding your options early can make a big difference. If you’re self-employed and thinking about buying, remortgaging or moving, it’s often worth having a conversation sooner rather than later. ⸻ Please note: This post is for information purposes only and does not constitute financial advice. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it. There may be a fee for mortgage advice. The precise amount will depend upon your circumstances. Yomo Finance Ltd is an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority. ⸻ #SelfEmployed #MortgageAdvice #FirstTimeBuyer #UKProperty #MortgageBroker #YomoFinance