|
|
|
7 Strategies to Make Room for Money
Article Title: 7 Strategies to Make Room For Money Author Name: Joanne Victoria Contact E-mail Address: mailto:joanne@joannevictoria.com Word Count: 1126, including signature box Category: Motivation Copyright Date: Updated 2004 All Rights...
Defining Your Goals
Probably one of the most important things we do with our Partnering For Your Success students is to help them define their goals. We discuss their need for both short and long term goals. This might sound trite to you, or you might say, Yeah,...
Ignore PR at Your Peril!
Please feel free to publish this article and resource box in your ezine, newsletter, offline publication or website. A copy would be appreciated at bobkelly@TNI.net. Net word count is 770 including guidelines and resource box. Robert A. Kelly ©...
Shut Up and Get to The Point!
The other day I was finishing my dinner and about to watch the latest episode of 24 when the phone rang. "No problem," I say to myself and quickly pressed the pause button on the Tivo. I glance down and who's on the phone but Ted - an old high...
Writing Effectively Part 2
Copyright 2004 by http://www.organicgreens.us and Loring Windblad. This article may be freely copied and used on other web sites only if it is copied complete with all links and text intact and unchanged except for minor improvements such as...
|
|
| |
|
|
|
|
|
|
How to Get a Mortgage if you're Self-Employed
A self-employed person is someone who runs their own business and
works for themselves without an employer. Directors of small
limited companies, although technically employed on a PAYE basis,
will generally be classed as self employed when it comes to
applying for a mortgage or remortgage.
If you are self-employed, work on a contract basis, or have an
income that is irregular or comes from multiple sources, it will
generally be harder for you to get a mortgage than it is for
someone who is an employee and can easily prove their income.
With over three million self-employed individuals in the UK, the
attitude of many mortgage lenders towards the self-employed
population is a problem that can affect a large number of people,
even though many self-employed people often earn more than a lot
of salaried workers.
The problem stems from the fact that the majority of mainstream
mortgage lenders require proof of income when assessing a
mortgage or remortgage application. Employed people can use their
payslips and P60 as proof of salary, but there is no such
straightforward equivalent if you are self-employed.
In place of payslips, self-employed workers may be asked to
provide audited accounts that show their income over the last
three years. However, in many cases, these accounts will not give
an accurate reflection of how much money a self-employed person
is making. This is because if the accountant who prepared the
accounts is doing his job properly, he will have offset as many
allowable expenses as possible against tax. This has the effect
of reducing the self-employed person's net profit, upon which the
lender will base the size of mortgage or remortgage they are
prepared to offer.
The situation is even worse for the newly self-employed, as they
may not yet have been trading long enough to have had three
years' worth of accounts
prepared.
This is where mortgage lenders who specialise in
self-certification mortgages and self-employed mortgages come
into their own. These types of lenders appreciate the different
and complex working patterns of the self-employed, contract
workers, and people whose jobs are seasonal. They are prepared to
look at each case individually and assess each mortgage
application on its own merits, rather than just applying a series
of one-size-fits-all income tests. In many cases,
self-certification means that you do not need to supply any proof
of income - you just declare what your income is without having
to provide any supporting documentation.
In addition, specialist self-employed and self-certification
lenders are more likely to offer flexible mortgage products that
allow overpayments and underpayments. This is ideal for people
whose income can fluctuate throughout the year, as it means you
can overpay when times are good and underpay if you're business
is going through a quiet period.
If you want more information on self-certification mortgages for
self-employed people, please visit Clean Slate Mortgages.
------
Copyright 2004 David Miles. You are welcome to reproduce this article on your website, so long as it is published "as is" (unedited) and with the author's bio paragraph (resource box) and copyright information included. In addition, all links to external websites must be left in place.
About the Author
David Miles is the editor of various mortgage related websites including:
The Online Mortgage Calculator
Clean Slate Mortgages
and Essex Mortgages
|
|
|
|
|
| Finance - Leases-Leasing Ezine Articles |
| EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites. |
| ezinearticles.com |
|
| Finance: Leases Leasing Articles from EzineArticles.com |
| http://ezinearticles.com/?cat=Finance:Leases-Leasing Free Content For Your Ezine or Website http://creativecommons.org/licenses/by-nc-nd/2.0/ Why use your ... |
| ezinearticles.com |
|
| Leases Leasing - Money & Finance Articles |
| Leases Leasing - Money & Finance Articles. Money & Finance | Accounting & Payroll | Bankruptcy | Business & Loans | Credit Tips | Currency-Trading ... |
| www.article99.com |
|
| Finance » Leases Leasing » Absolute Article Directory |
| Absolute Article Directory: Finance, Leases Leasing. |
| www.absolutearticle.com |
|
| - Leases-Leasing |
| By David Springer | On January 29, 2006 | In Leases-Leasing | Rated. Short on cash, but need equipment? Consider leasing what you need. ... |
| www.articlebar.com |
|
| Leases Leasing |
| You are here: Article Directory arrow Article Directory arrow Finance arrow Leases Leasing ... Leases Leasing. Articles ... |
| www.rumorist.com |
|
| Long Term Car Rental Italy Auto Rentals Leases Leasing Rome Milan ... |
| Long Term Car Rental Italy Auto Rentals Leases Leasing Rome Milan Florence One Way Paris London Frankfurt Madrid Lisbon. |
| www.ideamerge.com |
|
| europe car rental leases leasing one way rentals long term renault ... |
| pictured is the Renault Laguna Estate, With Renault tax-free, short-term auto leasing you get the exact, brand-new vehicle you reserve, plus unlimited miles ... |
| www.ideamerge.com |
|
| Private Fleet - Finance, Insurance, novated leases, leasing, CHP ... |
| New Car Broker Australia. Private Fleet sales discounts on your new car purchase, no haggle, no hassle saving $1000s off all new and used cars for private ... |
| www.privatefleet.com.au |
|
| Projector Leases, Leasing Companies for LCD, DLP, LCOS projectors |
| Projector leasing programs and services. Choose a company. |
| www.projectorcentral.com |
|
| Category: leases-leasing |
| Category... leases-leasing. Results 1 - 3 of 3. Search took 0.01 seconds. Page 1 of 1. Buy or Lease: Which Automobile Transaction is Better? ... |
| www.articler.com |
|
| John Dellagnese & Associates: offices, officespace, lease, leases ... |
| It takes two companies to bring you the premier Corporate Property Development group in Northeast Ohio: the talents of John Dellagnese and Associates ... |
| www.dellagnese.com |
|
| John Dellagnese & Associates: offices, officespace, lease, leases ... |
| Welcome to our Tenant Login Page. * Forgot your password or haven't received one yet? Email us tinah@dellagnese.com or call 330-668-4000 and we will reply ... |
| www.dellagnese.com |
|
| The-Arts-Magazine.com - Leases-Leasing |
| Home arrow Article Links arrow Finance arrow Leases-Leasing. Main Menu ... Mosets Tree. Leases-Leasing. Listings. There are 0 listings in this category. |
| www.the-arts-magazine.com |
|
| OmegaMotors.com - Your Money - Leases - Leasing Overview |
| Blue Book retail & trade-in value reports on used vehicles. Kelley features prices on used cars, trucks, street and dirt bikes, ATVs, scooters, ... |
| www.omegamotors.com |
|
| Entertainment Guide - Leases-Leasing |
| Sunday, 03 December 2006, Home arrow Article Resources arrow Finance arrow Leases-Leasing ... Mosets Tree. Leases-Leasing ... |
| www.entertainment-resource-directory.com |
|
| - Leases-Leasing |
| Mosets Tree. Leases-Leasing. Listings. There are 0 listings in this category. spacer.png, 0 kB. spacer.png, 0 kB. download joomla modules download joomla ... |
| www.healthcare-resource-guide.com |
|
| FINANCEDEPARTMENT.COM- Finance, Mortgages, Leases, Leasing ... |
| Finance, Mortgages, Leases, Leasing, Brokerage Houses, Mortgage Lending. |
| www.financedepartment.com |
|
| vehicle leases leasing guide and facts |
| vehicle leases leasing guide and facts. Under the federal Consumer Leasing Act, you, the consumer, have a right to information about the costs and terms of ... |
| www.shopperfavorites.com |
|
| - Leases-Leasing |
| spacer.png, 0 kB. spacer.png, 0 kB. Home arrow Article Resources arrow Finance arrow Leases-Leasing. Mosets Tree. Leases-Leasing ... |
| www.cars-directory-guide.com |
|
|