How to get a mortgage if you're self employed

Find out how to improve your chances of getting a mortgage if you're buying a home as a contractor or freelancer. When you apply for a mortgage, the provider will look at how much you earn, your expenses and how secure your income is. They usually do this by taking an average of what you’ve made in recent years, to work out how much to lend you. You’ll need to show evidence of your expenses and operating costs. Because a contractor mortgage application is usually more complicated, you may be referred to an underwriter to assess your situation. So it’s important to speak to a mortgage broker, who can advise on the lenders most likely to give you a mortgage. Whether you're buying a house, buying a flat or are a first time buyer, get expert mortgage advice at https://ift.tt/2QVqsdW. For a free consultation with Which? Mortgage Advisers call 0800 9805 489 or visit https://ift.tt/2xNgUZL. Which?: http://www.which.co.uk Twitter: https://twitter.com/whichuk Facebook: https://ift.tt/1fAOmna