Hi
I am recently self employed (9 months) and wondered what type of information a mortgage lender will require when applying for a mortgage? Over the last 9 months I have been doing regular work for a company, averaging 3 to 5 days per week. Can this company write a reference letter that will be accepted by the mortgage lender? I will be working for this company for the forseable future on the same basis, 3 to 5 days a week. I would also like to rent out my existing property on which I have a mortage. The new mortgage would be used to buy another property with my partner who has a full time job in the NHS.
Many thanks
I am recently self employed (9 months) and wondered what type of information a mortgage lender will require when applying for a mortgage? Over the last 9 months I have been doing regular work for a company, averaging 3 to 5 days per week. Can this company write a reference letter that will be accepted by the mortgage lender? I will be working for this company for the forseable future on the same basis, 3 to 5 days a week. I would also like to rent out my existing property on which I have a mortage. The new mortgage would be used to buy another property with my partner who has a full time job in the NHS.
Many thanks