Callum’s Pro-TIP

Many believe that having just one year’s trading history automatically puts you at a disadvantage when applying for a mortgage. This isn’t true!

However, with much of your time being spent building up your business, finding the best mortgage deal can feel overwhelming, especially without a specialist to guide you.

That’s why I wanted to share one of my best strategies with you.

As a specialist in mortgages with just one year’s trading, I have access to lenders that will lend based on your first year’s earnings. This includes your first tax return for sole traders and first set of company accounts for limited company directors.

Here’s some even better news, even high street rates are within reach.

A crucial strategy is to let us know if you had prior experience in the same field before starting your own business. This background information is incredibly valuable.

We invest time in crafting a detailed profile about you and your business before we submit your application. This ‘business case’ highlights your strengths, demonstrating your experience and the stability of your business.

By presenting a compelling business case, we make sure your application stands out, giving you the best chance to access the best deals in the market.

Adopting this strategy is often overlooked by other mortgage companies however when understood properly, it allows you to boost your borrowing potential without having to wait for your next tax return.

This approach, combined with our customised strategies, helps you take full advantage of the opportunities that come with being self-employed, even with just a year of trading history!