Remortgaging... but a change in circumstances

Hitchydents

Hello all,
My first post, so please be nice
Now, for the remortgaging...my partner has been on maternity leave for pretty much the last 2 years after have two children in quick succession. She was due to return in October, but she was given working hours that just wouldn't suit us do to my own working hours.

Therefore, she is to start working with someone else as a childminder, full-time but also self-employed...now our fixed rate mortgage is due to run out next October, and I am just concerned about remortgaging whilst she is only a year in to the self employment venture. I don't know whether it would be a saving grace if i am the main earner, or whether it would affect things quite a lot.

So question is, how much will things be affected (at a guess) and will this make it more difficult to ask for a bigger mortgage? (We need a larger mortgage to pay off our help to buy balance before we are charged interest - luckily, house values around have increased by quite a margin too)

YHM

How long has she been trading as a self-employed childminder?

If you are increasing your mortgage, a full assessment will be completed by a lender and if she has been trading for less than a year, then only your income will be used as part of the affordability assessment.