When you have an excellent trading history, you’re currently in front of the game. But there may be challenges to getting a one-man shop home loan including: brief trading history, low earnings from your own company and private earnings showing salary that is low. Should this be your circumstances, don’t panic!
These challenges could be overcome with a few forward reasoning and smart planning that is financial. In the event that you currently simply take a minor earnings for taxation purposes, or your own personal wide range is so that you take a tax-free allowance through the company, you’ll need certainly to look for a loan provider with experience and understanding of complex structures. During the Mortgage Hut, we develop relationships with professional lenders who’re sympathetic to your challenges you face to find one-man shop mortgages.