- No Accounts Considered
- Multiple Income Streams
- Limited Track Record
- Residential and Buy to Let
- Repayment and Interest Only
- Guarantors Considered
Newly Self Employed Mortgages
At RockHopper we work with a number of clients who have asked us to arrange a mortgage even though they are newly self employed.
Typically clients we assist in this situation are:
- Newly self employed contractors with previous industry experience
- New partners in an established partnership e.g. a GP practice
- New business owners for an established business
- Newly qualified professionals who have income derived from their training e.g. Barristers earnings during pupillage
We often find that clients who do not yet have their first set of accounts have faced a number of problems when approaching their Bank/Building Society to find a mortgage, such as:
- Their Bank/Building Society will not consider their income until they have at least 2 years accounts or, in some cases, 3 years accounts
- Their Bank/Building Society will not consider 100% of their income streams when assessing mortgage affordability (e.g. investment income, rental income, earned income, pension income, child benefit income etc)