new mortgage on self assessment

stressedout75

hi, my husband is self employed and his income before tax and insurance is £28000 we currently have a mortgage which is for £102,000 we are looking to move and have roughly worked out that the value of our house is £138000 which would give us £36000 equity we have seen a house for £149000 and are very interested in it but would we be able to get a mortgage for his and whom should we look to get advice from thx

kingstreet

So after fees, you'd need to borrow around £118k?

How long has he been self-employed and low long has his net profit been £28k?

Any other credit commitments which will continue for more than 6 months after you move? If so, how much each month? Any dependents?

Mortgage payments and credit always up to date?

stressedout75

thx hes been self employed for apprx 15years his net profit has remained around the same for the last few years, he remortgaged a 3 years ago to pay his ex wife off! and is currently with the halifax.

as for other financial committments he has a loan and 2 credit cards which are all up to date and the monthly pay out for those are £360 per month he has no problem in the last 12 months with any missed payments although he does have a ccj which will come off his report in April after the 6 years but he would have had that 2 years ago along with the other financial committments when he remortgaged.

oh yes and he has 3 dependants and another on the way hence the house move

i hope this information is ok