can we get a mortgage

stuckinarutx6

hi all new to the forum and mortgages so need advice

we are looking to buy our first property and are looking at houses around £150000 we have a 70% deposit
so only need a small mortgage
we have had bad credit and are self employed with no accounts please could anybody tell us if there is any hope at all of getting a mortgage

ps forgot to say all debts will be paid off before buying a property

_Andy_

Hi & welcome to MSE

What is the bad credit specifically?
How long have you been SE and what is your net income?
What is the reason for not having accounts?

stuckinarutx6

hi thanks for the reply
hubby got a back injury about 10 years ago
left him unemployed for a long period and on disability
so all his loans
credit card bank loans store cars ect
are still being repayed at a reduced rate
but will all be settled in the near future

been se for about 5 years

hubby does own books
sorry were useless at this kind of thing what does
your accounts actually consist of

when you say net income does this include all income
ie is wtc or ctc taken into account or just based on the business

Thrugelmir

One way would be to get a local chartered accountant to review your husbands accounts and certify them.

The other is to show your lender the tax assessment forms sent by HMRC which will show net taxable income together with the tax payable.

Either should be acceptable evidence for a lender as to proof of income.