Self Employed
At Endurance Mortgages we believe everyone deserves to buy their own home. Providing self employed income differs from employed income and can seem to be more complex. Each lender has different lending criteria for self employed income. This is where we can assist best by understanding your circumstances and needs. 3 things to consider being self employed;
-
How long have you been trading
-
What is your trading status
-
How do you get paid, salary, dividends or profits
Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.
Adverse Credit
Historical credit issues should not be the reason you cannot buy your own home. We at Endurance Mortgages believe we can help you achieve this goal. To do this we will need to know what type of adverse credit it may be, how long ago and the reasons why it happened. From there we can then look to assist you in the best way possible. What's deemed to be potential adverse credit;
-
No credit history
-
CCJ or Defaults
-
Bankruptcy or IVA(Individual Voluntary Arrangement
-
Missed or late payments on credit card, finance or loans
-
Missed or late Mortgage payments
-
Pay day loans
Retirement Interest-Only (RIO) mortgage
A Retirement Interest-Only (RIO) mortgage is designed for homeowners aged 55 and over who want to unlock the value in their property without needing to make full capital repayments each month. With a RIO mortgage, you only pay the interest on your loan, keeping monthly payments lower and manageable in retirement. The loan is usually repaid when you sell your home, move into long-term care, or pass away.
At Endurance Mortgages, we’ll help you explore your options, find a lender that suits your circumstances, and ensure you make a confident, informed decision about your financial future.
Day Rate Contractor
Income can come in many different types, fixed term contact, agency work, zero hour contracts along with day rate contracting. Rest assure at Endurance Mortgages we have the experience and knowhow to navigate this type of income.
Get in touch
Complete our form to share your referral details.
