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Thread: Mortgages
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Old 19-07-2008, 11:52
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Peter W Peter W is offline
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Your earnings will be the profits of the shop, rather than the turnover.

Mainstream lenders are always more nervous about lending to the newly self-employed, especially during these difficult times. After 3 years there is little difference, as long as your profits are good and stable.

You will need a big deposit to put down.

Your best bet is to speak to an independent mortgage broker. Even if you don't use them, they will give you a good idea about what you can borrow over the phone.
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