Navigating the self-employed mortgage landscape

Did you know the latest figures from the Office of National Statistics* show there are now 4.14million people working for themselves – approximately 15% of the workforce. That means there are potentially 4.14million self-employed customers that YOU could be helping. However, while the market has grown from 3.3million in 2001 to over 4million in 2022, many people who work for themselves still struggle to secure the mortgage or loan they need. Many mainstream lenders will turn down applications because they deem a self-employed customer to have a variable or unpredictable income, or haven’t been trading for long enough. That’s why at Kent Reliance for Intermediaries and Precise Mortgages, we understand the difficulties self-employed customers face when trying to secure the mortgage or loan they need. When attending this informative session, we’ll share more about how many ways both where both Kent Reliance for Intermediaries and Precise Mortgages, can assist with your self-employed customers including: >. How we as lenders assess SA302s/tax calculations, tax year overviews and accounts >. What incomes we can accept for the various types of self employment >. Trading year versus financial year end >. How to submit your cases ‘Right First Time’ to stop any unnecessary delays And much more… An action packed presentation not to be missed! Join Ian Scarrott, Senior Corporate Account Manager and Jonathan Mann, Corporate Account Manager, on Wednesday 9th November at 11am, for this insightful discussion.