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Getting a mortgage as a freelancer
slw64
Posts: 1 Newbie
I am considering a change of career and I'm hoping to begin working as a freelance proofreader. I am wondering about how easy (or difficult) it is likely to be to obtain a mortgage in the future without a 'traditional' job - will I need several years of history as a freelance? Will the 'multiples' of income be lower than with a salary?
Any ideas gratefully appreciated
Any ideas gratefully appreciated
0
Comments
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slw64 wrote:I am considering a change of career and I'm hoping to begin working as a freelance proofreader. I am wondering about how easy (or difficult) it is likely to be to obtain a mortgage in the future without a 'traditional' job - will I need several years of history as a freelance? Will the 'multiples' of income be lower than with a salary?
Any ideas gratefully appreciated
Your best route would be to see a broker who specialises in self employed and professional people.
They will fully understand the route to go and the pitfulls of trying to DIY.
Good Luck.
SSI am a fee charging WoM Mortgage broker.I now no longer give information and opinion within the Mortgage boards, because a number of posters who, having approached me professionally, agreed my fee-which has been been made very clear at the outset, taken my advice (normally cancelling a [home visit] meeting at short notice) have then approached one of the fee-free brokers on here to arrange the very same deal I have advised.Whilst I totally concur with the ethos of "money saving"- abusing the goodwill of a professional who provides a quality service is taking it too far! :mad:0
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