Thursday, 10 February 2011

Can I still get a mortgage if I am self-employed? | Money | guardian.co.uk

Can I still get a mortgage if I am self-employed? | Money | guardian.co.uk

Q I am a self-employed freelancer and own a flat worth about £170,000-£185,000. There is £100,000 left on my mortgage. I would like to sell and move to a bigger place, but being a freelancer in the current climate what can I expect from the banks when I apply for a bigger mortgage? What rules do they apply to freelancers these days? Over the past few years my income has been stable and has increased to £60,000.

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