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Mortgage help
Sls19
Posts: 5 Forumite
Mortgage help
0
Comments
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@sls19 Generally speaking, as long as you have at least a year's accounts for your new business, closing your old profitable business *should not* stop you from getting a mortgage. However, your choice of lenders and rates will likely shrink as you may be restricted to using lenders who will use a bit of common sense underwriting and take your old business into account when assessing your case.
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.
PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.
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Sadly, your income vs property prices isn't realistic unless you up your income.0
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