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How is one accessed for an mortgage?
Comments
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I already have a home with 90% equity so that would be re-mortgages to make up the deposit. I believe that I can make upto 50% deposit (on the new house)from remortgage this house. I will be doing graphic design for medium to small companies. I already know an accountant & intend to register as a Limited company.
chucky what information did you have to give for your application.
lucky i saw that large font - wasn't sure the question was for me at first
proof of deposit
bank statements
proof of identity
solicitor details
proof of address
proof of earnings - i'm self employed so was a bit more complicated0 -
lucky i saw that large font - wasn't sure the question was for me at first
proof of deposit
bank statements
proof of identity
solicitor details
proof of address
proof of earnings - i'm self employed so was a bit more complicated
Thanks again. What did you have to provide as proof of earnings?“…the ‘insatiability doctrine – we spend money we don’t have, on things we don’t need, to make impressions that don’t last, on people we don’t care about.” Professor Tim Jackson
“The best things in life is not things"0 -
Company Accounts for the last 2 years and a copy of my current contract0
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I have gone to the bank today and asked for an appointment with the business advisor and mortgage advisor. They should ring me some time this or next week. I'll keep you posted about what they say. I think that I will need to be trading for 2 years as I can't see myself making the money I need in one year of the business..“…the ‘insatiability doctrine – we spend money we don’t have, on things we don’t need, to make impressions that don’t last, on people we don’t care about.” Professor Tim Jackson
“The best things in life is not things"0 -
You need minimum 6 months income figures as assesed by your own qualified accountant. Your Bank will almost certainly need at least 2 years trading history.0
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