24 Feb Self-employed struggles
This couple came to us desperate to buy their family home on the right to buy scheme. They were having real issues getting a mortgage with their broker as they were both self-employed.
The main issue was the highest earning applicant had a reduction in profits in their most recent set of accounts due to a unexpectedly good year previously. They wanted a quick process so they didn’t miss out on the councils significant discount.
This was placed with a High Street lender and turned around quickly just as the client requested. More importantly they are now paying towards owning their home outright and not renting in to retirement.