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Mortgage needed with 1 Years Accounts

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    Mortgage needed with 1 Years Accounts

    Anybody with only 1 year's worth of Accounts, got a mortgage in last 12 months?

    Looking for some open mined providers. I only need LTV of 30%!

    Cheers

    Swiz

    #2
    Originally posted by swiz View Post
    Anybody with only 1 year's worth of Accounts, got a mortgage in last 12 months?

    Looking for some open mined providers. I only need LTV of 30%!

    Cheers

    Swiz
    Having one year accounts shouldn't be a problem. I looked around a number of normal high street lenders when I was in a similar situation and they were happy to take my permie details up to the one year and my accountant would prove the income for the year I was contract. They had forms and a standard process to get evidence from accountants so didn't bat an eyelid when I mentioned it.

    To be fair I never got past a offer in principle or whatever they called it then.

    You can also try the contractor speciality one but I can't remember the name. Contractormoney or something wasn't it?
    'CUK forum personality of 2011 - Winner - Yes really!!!!

    Comment


      #3
      try talking to contractor money

      they sorted me out a couple of years ago.
      Last edited by Contractor UK; 3 August 2021, 18:00.

      Comment


        #4
        Originally posted by FarmerPalmer View Post
        try talking to contractor money


        they sorted me out a couple of years ago.
        WHS. They were extremely helpful to me recently, and proof of daily rate was sufficient - without accounts as I'm in my first year contracting. I was really impressed by their service and attitude.
        Last edited by Contractor UK; 3 August 2021, 18:00.

        Comment


          #5
          Originally posted by FarmerPalmer View Post
          try talking to contractor money


          they sorted me out a couple of years ago.
          WHS ContractorMoney Everytime, never had a problem
          Last edited by Contractor UK; 3 August 2021, 18:01.

          Comment


            #6
            Mortgage

            Shouldnt be a problem. some lenders will take 1 yrs accounts and some will go from your contract rate. Low % borrowing requirement is good also.

            Comment


              #7
              Originally posted by swiz View Post
              Anybody with only 1 year's worth of Accounts, got a mortgage in last 12 months?

              Looking for some open mined providers. I only need LTV of 30%!

              Cheers

              Swiz
              Woolwich / Barclays - very good service (for once !)
              ______________________
              Don't get mad...get even...

              Comment


                #8
                Why not try Contractor Mortgages Made Easy, they lend on the day rate. Feel free to PM me and I'll give you their details.
                http://uk.linkedin.com/pub/dan-moss/18/18/105

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