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  • FIRST POST
    • helpmebuyahouse
    • By helpmebuyahouse 9th Apr 18, 10:39 AM
    • 3Posts
    • 0Thanks
    helpmebuyahouse
    Impaired Credit, No SA302s + Self employed ..... will I find a lender? LTV <70%
    • #1
    • 9th Apr 18, 10:39 AM
    Impaired Credit, No SA302s + Self employed ..... will I find a lender? LTV <70% 9th Apr 18 at 10:39 AM
    Are there any ultra specialist mortgage brokers on the site that I could enquire about a mortgage with please?
    Last edited by helpmebuyahouse; 10-04-2018 at 8:26 AM.
Page 1
    • kingstreet
    • By kingstreet 9th Apr 18, 10:45 AM
    • 33,156 Posts
    • 17,899 Thanks
    kingstreet
    • #2
    • 9th Apr 18, 10:45 AM
    • #2
    • 9th Apr 18, 10:45 AM
    What evidence of income do you plan to provide?
    I am a mortgage broker. 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.
    • helpmebuyahouse
    • By helpmebuyahouse 9th Apr 18, 11:35 AM
    • 3 Posts
    • 0 Thanks
    helpmebuyahouse
    • #3
    • 9th Apr 18, 11:35 AM
    • #3
    • 9th Apr 18, 11:35 AM
    bank statements will demonstrate income and expenditure. vat return info ...
    Last edited by helpmebuyahouse; 10-04-2018 at 8:25 AM.
    • kingstreet
    • By kingstreet 9th Apr 18, 11:43 AM
    • 33,156 Posts
    • 17,899 Thanks
    kingstreet
    • #4
    • 9th Apr 18, 11:43 AM
    • #4
    • 9th Apr 18, 11:43 AM
    No.

    Latest two years' accounts or;

    latest two years HMRC SA302s or Tax Calculations, PLUS Tax Year Overviews or;

    Accountant's Certificate stating latest two years' figures.

    Lender dependent. Some want one, some want two of the above.
    I am a mortgage broker. 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.
    • helpmebuyahouse
    • By helpmebuyahouse 9th Apr 18, 11:47 AM
    • 3 Posts
    • 0 Thanks
    helpmebuyahouse
    • #5
    • 9th Apr 18, 11:47 AM
    • #5
    • 9th Apr 18, 11:47 AM
    ok. I have the accountants certificate. Are you able to recommend a specialist broker who could seek the right lender for me?
    Last edited by helpmebuyahouse; 10-04-2018 at 8:25 AM.
    • kingstreet
    • By kingstreet 9th Apr 18, 11:48 AM
    • 33,156 Posts
    • 17,899 Thanks
    kingstreet
    • #6
    • 9th Apr 18, 11:48 AM
    • #6
    • 9th Apr 18, 11:48 AM
    No. Ask friends and relatives for a broker recommendation.
    I am a mortgage broker. 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.
    • ACG
    • By ACG 9th Apr 18, 12:22 PM
    • 16,690 Posts
    • 8,675 Thanks
    ACG
    • #7
    • 9th Apr 18, 12:22 PM
    • #7
    • 9th Apr 18, 12:22 PM
    Are you saying you have accounts up until 2015 and then can get an accountants reference for anything more recent?
    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.
    • amnblog
    • By amnblog 9th Apr 18, 1:14 PM
    • 10,402 Posts
    • 4,115 Thanks
    amnblog
    • #8
    • 9th Apr 18, 1:14 PM
    • #8
    • 9th Apr 18, 1:14 PM
    The situation is quite simple.

    If you are self employed you should be doing tax returns.

    A Lender will want to to see a tax return for 2017 as a minimum.

    This can not be substituted for an Accountants reference.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
    • ACG
    • By ACG 9th Apr 18, 1:33 PM
    • 16,690 Posts
    • 8,675 Thanks
    ACG
    • #9
    • 9th Apr 18, 1:33 PM
    • #9
    • 9th Apr 18, 1:33 PM
    I agree with AMN.
    I am sure there is a valid reason for it (although I can not think of any off the top of my head), but there is no chance I would submit this without the latest SA302, tax overview and a written explanation as to why nothing has been filed for 2 years from you. If this gets pulled for audit, the broker is risking their business and livelihood.
    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.
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