If you’re thinking of getting a new home loan, it might seem like the process is more complicated than for someone who works in an office or has regular income from another source. But there are some things that can make your life easier and help you get approved faster – so read on!. In this mortgage guide we will discuss in details about different scenarios while applying for mortgage application as self employed professional in the UK. As a specialist mortgage broker in the UK, we could help you in getting suitable mortgage deal even when you are working as sole trader, freelancer, or self employed contractor etc.. In addition you will find relavant articles and blog posts such as Sole Trader Mortgages, CIS Mortgage, Taxi Driver Mortgage and many more.
A sole trader is someone who runs their own business and are self-employed. They are able to keep all the post-tax profits from the business, but it means they are also legally responsible for all aspects of their business and personally liable for the finances of the business