It's Free to Speak to an Advisor, 7 days, 8am - 10pm
It's Free to Speak to an Advisor, 7 days, 8am - 10pm
Our mortgage advisors in Grimsby is dedicated to helping you secure a trailored self employed mortgage solution that aligns with your unique circumstances.
Throughout the entire mortgage process, we are committed to offering comprehensive support and guidance. Our goal is to provide expert mortgage advice in Grimsby and make every effort to increase the likelihood of successfully securing your mortgage.
With access to a diverse range of self employed mortgage products, our advisors can search 1000’s of mortgage delas to find the one that best suits your needs. Once we identify the most suitable deal for you, we can begin preparing your mortgage application if you decide to move forward.
To better accommodate your schedule, were open 7 days a week. Feel free to reach out at a time that is convenient for you. Take advantage of our complimentary free mortgage appointment, available to all self-employed applicants. Contact us today to get started of your mortgage application.
If you’re keen on delving into mortgage options or exploring potential future possibilities with a mortgage broker in Grimsby, book your free mortgage appointment online or contact us via phone.
Securing a mortgage can present unique challenges for self employed individuals in Grimsby. Overcoming hurdles may involve addressing issues such as not meeting specific lender criteria or demonstrating sufficient income to cover monthly payment obligations.
Assessments for self-employed applicants vary individually. Lenders need assurance regarding the financial capability of self-employed individuals to manage their mortgages. Key factors taken into consideration include:
The criteria for self employed mortgages in Grimsby may vary among different lenders. As providers of expert mortgage advice in Grimsby, we are committed to thoroughly ensuring that you are matched with the most suitable mortgage deal tailored to your unique circumstances.
As a reliable mortgage broker in Grimsby, we are dedicated to serving our customers and addressing their individual situations. Your best interests are consistently prioritise in every aspect of our service.
The number of years required on the books can vary among lenders. Generally, they look for a stable and consistent income history. While some lenders may accept applicants with just one year of accounts, others may prefer two to three years of financial records. It’s advisable to consult with a mortgage advisor who can assess your specific situation and guide you on the requirements of different lenders.
Lenders typically assess your income by reviewing your financial records, such as tax returns and business accounts. For self employed individuals, they often consider the average income over a specific period, usually the past two to three years. They may also evaluate the sustainability and reliability of your income. Having a steady and sufficient income stream will enhance your chances of qualifying for a mortgage.
Yes, being a Director of a Limited Company doesn’t necessarily disqualify you from getting a mortgage. Many lenders offer mortgages for self-employed individuals, including company directors. However, the assessment process may be more complex than for those with traditional employment. Lenders will review your company’s accounts, your salary, dividends, and overall financial stability. Working with a mortgage advisor experienced in self employed mortgages can help you navigate the process and find lenders that best suit your circumstances.
Our Customers Love Us
4.95 Rating40 Reviews
Tony
Exceptionally easy, great communications throughout the whole process. Just received our mortgage offer!
2 months ago
Umu
Thank you with all the team for the hard work.
7 months ago
Paul
We were difficult clients because of our circumstances, but you guys smashed it out of the park! Thank you very much, we are eternally grateful Paul and Umu
8 months ago
Ben
Very good fast efficient service everybody was so helpful
8 months ago
Neil
Great service highly recommended
9 months ago
David
The whole process went very smoothly. There was no sense of any pressure being applied at any stage which was appreciated. It was made clear that any future advise sought would be forthcoming as the advisor intended to be there for the duration.
9 months ago
Samantha
Chris was our advisor, from start to finish he has been amazing. He got us exactly what we wanted. Explained everything to us and has been quick and patient throughout! Would recommend him to anyone!
10 months ago
Anonymous
Great service, would use again.
1 year ago
Lucy
Absolutely lovely team of people! Leo has been really friendly and helpful throughout the process! Would highly recommend.
1 year ago
Anonymous
great service, thanks
1 year ago
Bryn
Couldn’t recommend moneyman enough. Went from thinking we wouldn’t get a mortgage due to being told so by another broker, to getting approved for our dream first house. We dealt with tom and stacey, and both was brilliant. From the initial...
1 year ago
Angela
It is our 1st time getting a mortgage and they where extremely helpful. There was confusion at the the beginning that was there fault but our solicitors and estates agent and they where so helpful they couldn't do enough to help us and reassure us....
2 years ago
Patrick
Very nice and frendly Staff, helped me with anything i need. Thank you Patryk, Patrycja Datkiewicz.
2 years ago
Steven
Tom and Jo were very friendly and helpful throughout the process! They took the stress out of applying for our mortgage and we’re very quick to process everything. Highly recommend :)
2 years ago
Georgia
Tom & Jo did a fabulous job at helping us get our first mortgage, we weren’t sure whether we would qualify for a mortgage given that I had only been self employed for two years and had been turned down by other lenders. Both Tom & Chloe kept us up...
2 years ago
Kevin
Extreamly satisfied with the service. Ryan made us feel comfortable from the start, which made the whole process a little less daunting. Lyndsey was fab and answered any questions we had. Will be recommending to all in future!
2 years ago
Samantha
Huge huge huge Thankyou to Matt and Louise for securing me a mortgage on my first home. I never thought I’d be able to get a mortgage given a few issues with my credit rating but they worked tirelessly with different mortgage companies to ensure...
2 years ago
Jane
Excellent service and advice, made the process of securing a mortgage stress free and quick. Joe Dewsbury my mortgage advisor could not have been more helpful and Kayleigh Stewart my case manager was friendly, easy to comunicate with, quick and ...
2 years ago
Kyle
Very happy with the service provided by everyone on the team and the speed in which they got things mooving. Was always available when you was needed and made it hassle free for me, thankyou again and all the best. Kind regards, Kyle Thain.
3 years ago
kenneth
Matt Collinson and his team lead us through this process with effortless ease. Communication was always clear and we were kept up to date at each stage of the process. The team are polite and professional and nothing is to much trouble. We highly...
3 years ago
During this appointment, your mortgage advisor in Grimsby will look at your assessment to work out your maximum affordability and provide you with an agreement in principle.
Our team will look through 1000s of mortgage products to find the most suitable deal for your circumstances.
Once your purchase offer has been accepted, your mortgage advisor in Grimsby will submit your full mortgage application and evidential documents to your lender.
Our service won't just stop here. We will not only secure you the best mortgage deal, we will also recommend relevant insurance to protect you.
Speaking to a mortgage broker in Grimsby like ourselves with be very beneficial as we will be by your side during the entire process. We are used to dealing with complex mortgage situations. Get in touch today for your free mortgage consultation, and let’s book you in to speak to a mortgage advisor in Grimsby today.
They use their expert knowledge to try and find solutions for self employed applicants who need help with their mortgage. We are able to use our mortgage market expertise to find you the most suitable mortgage for your circumstances.
Customers are the heart of this company. Throughout our many years within the industry, our mortgage advisors in Grimsby have experience helping limited company owners, sole traders, and partners that receive a salary, dividends or a mixture of both.
We are proud to provide a tailor-like service to the customer in question. We work with the customer's best interests at heart, which is why we are here til late to answer any mortgage questions you may have. Each lender has their lending criteria for self employed applicants. With the help of an expert mortgage broker in Grimsby by your side, our advisors will work hard to find you the most suitable lender for your circumstances.
Many mainstream lenders employ their own internal credit scoring policies to facilitate mortgage approvals for customers. The majority of these lenders enforce stringent criteria, often requiring a minimum of three years of steadily increasing profits, with some calculating a three-year average.
Lenders assess factors such as past mortgage repayment records, repossession data, and other common patterns to identify individuals deemed risky for lending. While this approach streamlines the lending process and saves time and resources for the lender, it often leaves self employed applicants struggling to attain their mortgage objectives.
Historically, self employed applicants may have faced a higher likelihood of falling into arrears compared to their employed counterparts. However, it’s important to note that employed applicants typically encountered fewer obstacles in meeting the lender’s strict criteria.
It is common to observe that the majority of mainstream lenders maintain rigorous criteria, with many requiring a three-year track record of increasing profits, and some calculating an average over this period.
We’ve conversed with numerous self employed individuals who have faced direct rejection from their bank when applying for a mortgage. Obtaining a mortgage can indeed pose challenges for the self employed, but it shouldn’t be an insurmountable hurdle. Here are some reasons why other self employed applicants may have been rejected by their banks:
It is advisable to refrain from independently approaching multiple lenders, especially if you are unfamiliar with their specific lending criteria. Such actions could negatively impact your credit score, further diminishing your chances of securing a mortgage.
As mortgage brokers in Grimsby, we have collaborated with numerous self employed mortgage customers, all seeking transparent and candid mortgage advice in Grimsby.
Our mortgage advisors in Grimsby have navigated various self employed applications, addressing diverse scenarios. Here are some examples of the situations our advisors are accustomed to handling:
Not everyone secures mortgage approval from their bank. Unfortunately, these banks often rely on automated systems, and even longstanding customers may face rejection.
By engaging a reliable mortgage broker in Grimsby, we can alleviate the stress. Our team of mortgage advisors in Grimsby can sift through a multitude of deals to find a suitable lender matching your unique circumstances.
Read our 40 Reviews
Grimsbymoneyman.com & Grimsbymoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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Grimsbymoneyman.com & Grimsbymoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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