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Mortgage broker recommendations

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Does anyone have any recommendations for a broker for a first time buyer who is self employed.

Have a high deposit but fairly low income.

Comments

  • Edi81
    Edi81 Posts: 1,501 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    There are a number of brokers on here. They can’t reach out to you but nothing stopping you from contacting them directly on here. 

    You do need to keep in mind that a large deposit doesn’t mean that you can borrow more. 
  • lonibra
    lonibra Posts: 365 Forumite
    100 Posts Name Dropper
    One of the MBs on the forum came to my rescue after I was strung along by another very poor example who was just racking up hard checks with no result. Mine was limited company director income where I wasn't taking out all the funds from the company and banks didn't like that. 
  • FashionHeart
    FashionHeart Posts: 150 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Does anyone have any recommendations for a broker for a first time buyer who is self employed.

    Have a high deposit but fairly low income.
    Please note that just because you have a high deposit, it doesn't necessarily mean that you're able to get a mortgage.
    Lenders look at affordability more as well as deposits.
    They will also check your credit score to see if you will be able to make affordable repayments.
  • Thanks guys. My credit score is almost perfect on Experian. No debt or defaults. 
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