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Impaired Credit, No SA302s + Self employed ..... will I find a lender? LTV <70%

helpmebuyahouse
helpmebuyahouse Posts: 6 Forumite
edited 10 April 2018 at 8:26AM in Mortgages & endowments
Are there any ultra specialist mortgage brokers on the site that I could enquire about a mortgage with please?

Comments

  • kingstreet
    kingstreet Posts: 39,315 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    What evidence of income do you plan to provide?
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • helpmebuyahouse
    helpmebuyahouse Posts: 6 Forumite
    edited 10 April 2018 at 8:25AM
    bank statements will demonstrate income and expenditure. vat return info ...
  • kingstreet
    kingstreet Posts: 39,315 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    No.

    Latest two years' accounts or;

    latest two years HMRC SA302s or Tax Calculations, PLUS Tax Year Overviews or;

    Accountant's Certificate stating latest two years' figures.

    Lender dependent. Some want one, some want two of the above.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • helpmebuyahouse
    helpmebuyahouse Posts: 6 Forumite
    edited 10 April 2018 at 8:25AM
    ok. I have the accountants certificate. Are you able to recommend a specialist broker who could seek the right lender for me?
  • kingstreet
    kingstreet Posts: 39,315 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    No. Ask friends and relatives for a broker recommendation.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • ACG
    ACG Posts: 24,688 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Are you saying you have accounts up until 2015 and then can get an accountants reference for anything more recent?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • amnblog
    amnblog Posts: 12,762 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The situation is quite simple.

    If you are self employed you should be doing tax returns.

    A Lender will want to to see a tax return for 2017 as a minimum.

    This can not be substituted for an Accountants reference.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • ACG
    ACG Posts: 24,688 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    I agree with AMN.
    I am sure there is a valid reason for it (although I can not think of any off the top of my head), but there is no chance I would submit this without the latest SA302, tax overview and a written explanation as to why nothing has been filed for 2 years from you. If this gets pulled for audit, the broker is risking their business and livelihood.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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