| Self Employed |
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Traditionally it has always been more difficult for people without a regular salary to get a mortgage. Lenders work out how much they will lend you on a basis of a certain percentage times your salary. If you can’t provide the required salary slips to prove what you are earning many will not touch you. Some lenders had been loosening up on their requirements and you could even get a mortgage where you just stated an income and didn’t have to prove it! This attitude tightened again following criticism of irresponsible lending and disappeared completely at the beginning of the current crisis.If you are self-employed and looking for a new mortgage, your best bet is to visit a mortgage broker. They will explain the deals available to you and what you have to provide to get them. You will typically have to give three years’ worth of audited accounts as well as bank statements. Add this page to your favorite Social Bookmarking websites          
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