Self employed seeking mortgage asap :(

That would be great of you could matey? Thanks very much. Every little helps!

 

would really appreciate the help! nice one!

 

Tell me about it! We have had 3 months of bank statements forensically analysed by them, I do self-assessment and they wanted to know why there was a big payment going to HMRC at the end of January - you would think people working in the financial sector would know this!!

I feel like every last thing we've ever spent money on has been picked over in some hyper-paranoid frenzy about whether to lend us the money or not. Before the global financial meltdown they would have given a mortgage to my dog, now it's gone so far in the opposite direction that even those of us with solid finances are getting punished for THEIR past mistakes!!!!

 

I enquired about a mortgage a few years ago, just for a laugh, and was told £25k max. Meanwhile I've never missed a payment in 20+ years on my self-certified £75K mortgage. The whole system is a joke. Good luck.

 

If you can find a good broker, they take the vast majority of the hassle out of the process. And they will have knowledge of available deals that are not accessible by Joe Public.

 

I think the worst part was the level of information they need to be satisfied that your deposit isn't coming from the illicit drugs trade or human trafficking or something like that. Bank statements, full information of where the money came from before it was in that account, certified statements, certified photo ID.........

 

Theoretically, yes. However, they are going TOO far. The extent to which they are taking these measures is unnecessary and only because they eff'd it up so much before. Therefore WE are paying the price for THEIR mistake.

 

I wasn't referring to your posts