Typically, between 4.5 to 5x income. Although all lenders have an affordability assessment which takes into account age, mortgage term, existing committed expenditure as well as several other factors. We can help indicate the maximum loan for your circumstance.
No. standard lender rates and fees apply. Our skill is in assessing and presenting your income in a way that maximises the likely loan outcome.
Yes. Specialist lenders will consider this. Options also depend on the risk profile of the case, as well as your track record in your industry.
Yes. If you have latest year Ltd Co and Sole Trader previously, many lenders will average the last 2 years figures as long as you have been in the same industry throughout. Changing tax status due to tax advice isn’t usually a problem.
Yes. Interest only is usually limited to the low risk, and eligibility is based on income levels, risk profile of the case and what plans you have to be able to repay the debt. ‘Sale of the mortgaged Property’ can be used in certain circumstances. We can help determine whether you are eligible.
First step is to Get in touch . We can gather some basic details and make an assessment.
Typically, your last 2yrs trading accounts for your business. In addition, your last 2 yrs tax computations. If you don’t have these to hand, your accountant should have these readily available. Get in touch and we can provide a full list of what we need.
