We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Remortgage approaching. Self-employed. I don't earn as much as I did when I first got the mortgage.

2»

Comments

  • SensibleSarah
    SensibleSarah Posts: 651 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    I'm in a not dissimilar position but actually earn more now since being self-employed - I just don't have two full years of accounts yet to prove it. So, when my current fix is up in October then I'm planning on transferring products with my current lender. It will absolutely not be the best deal on the market (my lender is small and doesn't have particularly competitive rates) but for the lack of stress and hassle, it's the best option for me this time. 
  • Postik
    Postik Posts: 422 Forumite
    Third Anniversary 100 Posts Name Dropper
    I run my own business and over the years I eventually gave up on switching lenders every 5 years because of all the hassle involved.  At the end of the fixed period I would just switch to a new product with the same lender - they were competitive enough and my mortgage was becoming smaller and smaller so the percentage difference between lenders didn't matter too much.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 261.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.