self employed mortgages

tommyt-saver

tharps23 said:

Will be able to update soon as weve had an offer accepted on a property today. Speaking with MA monday to get the ball rolling. 

Bold i like. And congratulations! Very best of luck with it. I look forward to the updates

tharps23

MA says last 4 cases dealing with halifax (all of which had atleast 1 applicant who was self employed) they have NOT asked for 3 months statements. If were unsuccessful the plan is too wait for accounts to look abit more healthy! 

tommyt-saver

tharps23 said:

MA says last 4 cases dealing with halifax (all of which had atleast 1 applicant who was self employed) they have NOT asked for 3 months statements. If were unsuccessful the plan is too wait for accounts to look abit more healthy! 

Well I’m excited to see what materialises here. Sounds like Halifax are the option to choose then!

tommyt-saver

tharps23 said:

MA says last 4 cases dealing with halifax (all of which had atleast 1 applicant who was self employed) they have NOT asked for 3 months statements. If were unsuccessful the plan is too wait for accounts to look abit more healthy! 

Did you put in the application to Halifax @tharps23?

tharps23

Yes send MA everything she requested which was abit long winded. Full application has been sent. MA says she expects to hear back in next 3/4 days and will update me. She has sent payslips, my SA302 form, deposit forms etc but held back my bank statements for now. 

tommyt-saver

tharps23 said:

Yes send MA everything she requested which was abit long winded. Full application has been sent. MA says she expects to hear back in next 3/4 days and will update me. She has sent payslips, my SA302 form, deposit forms etc but held back my bank statements for now. 

Got my fingers crossed for you!

tharps23

Appriciate it thank you, stressing out big-time!!! 

tharps23

Mortgage accepted. No 3 months needed and didnt go to manuel underwriter! 

tommyt-saver

tharps23 said:

Mortgage accepted. No 3 months needed and didnt go to manuel underwriter! 

Wow! Congrats and thanks for sharing the update. Must be a huge worry off your mind. I hope you see a full return to the income after lockdown too.
We worked out our 20/21 return this weekend and income has dropped around 15%, which was reassuring for us to see, but I think we'll lean towards Halifax too for a better chance at a smoother ride. 

tharps23

Good luck!! We are delighted all happened very quickly. Our broker was amazing came highly recommended from a family friend. I think if self employed halifax may be the way to go!