No Proof of Income Mortgage

Having no proof of income can make getting a mortgage seem impossible, but that’s quite the opposite. Getting a mortgage while having no proof of income isn't always a hard task, here at a HMS our advisers have access to a large panel of lenders, which means we can find the right scheme for you, even if you have no proof of income.
 
At HMS we have access to a whole panel of lenders and specialist lenders in the UK. We can source mortgages for those with no income proof, not only that but we can also source a more competitive interest rate.

There are a growing range of self employed mortgage products; with this placing a mortgage with no income proof is no longer as impossible as it once was. These flexible mortgage products can be tailored to suit your personal circumstances including self employment. These mortgages are equally available to someone who has recently set up in business, or well established companies.

A lot of the mainstream and specialist lenders who offer mortgages for the self employed only accept business through authorised intermediaries and a number of the employed mortgage deals are not available in the high street. 
Help is available even if: 

• you cannot provide two or three years worth of accounts  
• your accounts do not fully reflect your current company position 
• your accounts are constructed to minimise tax payable by
  showing the least amount of taxable net profit 
• your drawings are reduced to enable a larger dividend income  

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

The overall cost for comparison is 7.0% APR. The actual rate payable will depend on your circumstances. Please ask us for a personalised illustration. A fee is chargeable only on completion, typically 1.5% of the loan amount depending on your circumstances (subject to a minimum of £1,000 and maximum of £3,000). For a mortgage of £100,000 the fee would be £1,500. Early repayment charges may apply and will vary depending on the mortgage.
Adding existing debt to your mortgage will increase both the repayment term and the overall cost.