020 8652 5240 info@mbassociates.net

SELF-EMPLOYED, CONTRACTOR
AND COMPLEX INCOME STRUCTURES

Many of our clients are self-employed, own their own businesses, operate as consultants or contractors or have other complex sources of income which can prove to be a challenge for those who are looking to secure a mortgage.

All these factors can make it complicated and challenging to secure a mortgage, and we understand that it can be both frustrating and stressful to be turned down by a lender on the basis that your earnings aren’t typically structured.

But this is where our expert team can help. We’ve spent years building strong relationships with a range of lenders; high street names you may be familiar with, smaller specialist providers and private banks. We’ll work with you to fully understand your circumstances in order to represent your case in the best light possible to then match you with the right product and lender.

So whilst your circumstances may be complex, let our team take the hassle out of the process. For a friendly and informal chat to explore the possibilities, contact us to book your complementary initial review.

A happier workforce

Financial worries are a common concern for many Brits. *Research conducted in 2019 before the pandemic became prevalent revealed that 77 per cent had money worries that impacted them at work. A third admitted their fears affected their sleep. One in five employees said they worried about their finances regularly.

In the survey of 5000 employees, 34 per cent said they would be unprepared for unexpected financial costs or a loss of income. **In a separate survey, almost 30 per cent confessed to regularly running out of money before pay day. One in seven people would struggle to pay their mortgage if it was just £99 more per month.

Yet with access to the right information, it is possible for employees to improve how they manage their money, resulting in less anxiety and more productivity at work.

MB Associates is offering free financial workshops to improve the wellbeing of employees and enhance employers’ benefits packages. Our informative, friendly workshops will offer fee-free mortgage and financial advice to your staff to help them save money and gain greater control over their finances.

These free workshops can be tailored to suit the requirements of your business and can be delivered via Zoom or in person when permitted. We can also offer informative financial content on a dual-branded portal.

For more information, please contact Monica Bradley at MB Associates on 020 8652 5240 or email monica@mbassociates.net 

*Close Brothers Financial Wellbeing Index
**Financial Times survey

For insurance business we offer products from a choice of insurers.

You may have to pay an early repayment charge to your existing lender if you remortgage.

There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.

Your home may be repossessed if you do not keep up repayments on your mortgage.

A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.