Help with mortgage

chez53

Hi

Any help would be appreciated.

My husband and I have been self employed for 6 years and have 6 years books. On average we earn £35,000 gross. With our business we have a lot of travelling costs up to £18,000 a year leaving us about £17,000 profit.

We really want to give up the business and I am employed as a trainee nursery nurse annual income of £7000. My husband is currently looking for other work.

We currently rent and would desperately want to have our own house. we were quoted 5years ago that we would need 10% deposit because we were self employed. Does this still apply if I am both employed and self employed?

Whats the best way to get a mortgage, who with? how much deposit now?

Many thank

Cheryl

p.s Our business is an illusion act, getting tired of all the travelling

stanmoresaver

Take a look around this-

http://forums.moneysavingexpert.com/showthread.html?t=183138

My view is that you need to discuss this with a broker-


Hope this helps

SS