Self Employed Loans
If you are a contractor or you run your own business, whether you have certified accounts or no proof of income, you can still raise finance with a secured loan.
SELF EMPLOYED LOANS
Self employed loans are available from a wide variety of lenders and can be tailored to suit your individual financial circumstances. For example, if you have an adverse credit history or bad credit rating, such as mortgage arrears, credit card problems or payment defaults, you can still apply for a self-employed loan.
If you can't prove how much you earn, we can help to source a lender who will allow you to self-certify your income. If you have certified accounts, we can look for a self employed loan that offers similar rates and benefits to those you would enjoy if you were employed.
TURN YOUR EQUITY INTO A WITH A SELF EMPLOYED LOAN
If you are a homeowner and your property is worth more than the mortgage owed on it, you can borrow against that equity with a self employed loan to raise cash for whatever you want. You could consolidate your existing debts and pay off mortgage arrears, bills, credit cards or overdrafts. You could splash out on a luxury like a new car or a holiday or improve your home.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The overall cost for comparison is 7.1% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration. There may be a fee for the mortgage advice. The precise amount will depend on your circumstances, but we estimate it will be 1.5% of the loan amount with a minimum fee of £500 added on to the loan.
Mayfair Consulting Limited is an Appointed Representative of The Mortgage Times Group Limited, 279 Tottenham Court Road, London , W1T 7RJ , which is authorised and regulated by the Financial Services Authority no. 303007.
