Many people are embracing a more flexible way of working by starting their own business or setting up as a contractor or freelancer, which often means that their income is more sporadic or unpredictable, than those who work a regular 9 to 5 job.
As long as bills are being paid, this isn’t a problem in itself. But, when it comes to finding a mortgage deal, the average High Street provider may not be willing to offer their most competitive products to those with a more unusual financial setup, as they do not fit their ‘one size fits all’ approach to lending. But, that doesn’t mean that those with more dynamic income streams can’t secure a mortgage.
At CLS Money, we have access to the whole of market, which means we can source the best mortgage lenders for those with especially complex income structures. These companies are much more willing to accept company dividends, rental yields, bonuses, commission and investment interest as viable income, and will not penalise you for drawing on cash from multiple sources. They may also consider you for a mortgage if you are an agency worker, work in a particularly risky role or are preparing to move to a new home, following a divorce or separation.
To discuss your complex mortgage requirements and discover how we can help you secure the right product at the right price, regardless of your income structure, speak to one of our brokers today.
3 simple steps to getting a mortgage
Quickly see how likely you are to be ACCEPTED FOR A MORTGAGE before you apply
Stay up to date on the progress of your application via your own portal
Receive a personalised FREE mortgage quote
Need advice, but can't talk now? Arrange a callback