What is it that mortgage lenders don’t understand about self-employed earnings? For permies, they present their P60, bank statement and a few wage slips: Bingo! Providing their salary is enough and credit score not too adverse, their mortgage is in the bag.
Try taking your accounts (or even worse, your contract) to the same branch and you meet with a stony wall of silence. A frozen glare blankets the advisor’s face, making them look even younger than they are…
…and you’re doomed! You know it. They know it. Yet we all go through the application ritual, just to be polite.
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