Explain the business
Discuss how you earn, your business structure and the purpose of the borrowing.
YOUR BUSINESS IS NOT A PAYSLIPDifferent income.
Different income.
A considered approach.
Running your own business can make the paperwork more involved. We help you understand what needs to be explained and documented before approaching a lender.
- Separate business turnover from personal income.
- Understand the documents to prepare.
- Keep tax commitments and cash flow in the picture.
FOSTER RAMSAY FINANCE
Chris Foster-Ramsay
Managing Director
Clear advice.
A considered next step.
Chris Foster-RamsayManaging Director
A USEFUL FIRST CONVERSATIONWhat we will
What we will
work through together.
No one-size-fits-all promise.
Just a thoughtful place to start.
Prepare the evidence
Agree which current financial and tax documents are needed and how to share them securely.
Assess the options
Consider income sustainability, affordability and lender requirements together.
A QUESTION WORTH ASKING
Do all lenders assess self-employed income the same way?
No. Evidence requirements and assessment methods can differ. We need to understand the business, income and liabilities before discussing suitable options. Alternative documentation does not mean no verification.
Explore the explanationThere is no promise of low-documentation lending or approval. Financial information must be verified and lender requirements apply.
Plan a self-employed home loanConnect business income with household commitments.Prepare your business evidenceGather the records that explain how your income works.
Discuss my self-employed plansBring the question on your mind; we can work through what matters for your circumstances.Phone, video or office appointment. You can start with questions.
Choose a time with Chris ↗