Mortgage Brokers and Advisors in the UK

Nowadays, everything needs a protection layer against coronavirus. The height of threat is that not only your body but also your credit score needs preventive measures. As many financial lives are at stake due to lost jobs during the corona chaos, credit rating falls drastically. It is necessary to work on the ways that can keep your credit score and in turn, your personal finances in good condition. Indeed, it is difficult, as the money problems are there but to have a safe future, you need to work hard.   Add a consumer statement to your credit report Very few people know about this tactic, but it is instrumental. A consumer statement is a mention by a person on his/her credit report about a situational cause that is affecting finances. You can add a statement to your credit report in which you will mention, ‘I am affected by the coronavirus pandemic and facing financial issues.’ With more or fewer changes in the language, you can mention your situation in the sta...

Talk about a mortgage with ‘self-employed’ as the employment status and you are surrounded by varied issues. It is never considered secure for the self-employed to get a mortgage. There are several constraints that pop-up against the rules of normalcy. You can count the types of problems you face as an applicant The lenders fail to understand the nature of business The source of income may not be considered reliable by the mortgage provider The ups and downs in the monthly profit of business create doubt on the income stability The current lockdown situation due to corona has made the situation even worst Around 71% of self-employed mortgage applicants believe that it is complicated to get approval The above reasons clarify that why so many people find it difficult to borrow money for property buying. How to overcome the issues? Now the question that arises is how to tame the situation and get approved for a property loan. Through several ways, it is possible t...