Self employed mortgage UK Mortgage definition

UK Mortgage definition

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Self employed mortgage

If you are a business owner (a sole trader, partner, or limited company) and your income is not as predictable as it is for a salaried employee, the borrower can take out a Self employed mortgage. You will be required to provide audited business accounts for typically the last three years.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

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