Yes, you can. Getting a mortgage without accounts can be difficult. But it’s definitely possible. Usually, a lender will look at your average income over recent years to determine how much you can afford to pay and, therefore, how much you can borrow.
Lenders need to see proof of your income to lend responsibly. They’ll want evidence to show that you can afford your monthly repayments and that you’ve got a proven track record, as well as solid earning projections.
Even when you have one years’ accounts, you will be able to show a lender that you have traded profitably over that period and back this up with further evidence that shows your income since the tax return was submitted.
But if you’ve just gone self-employed, you won’t have accounts to share. In that case, the more evidence that you can give to a lender to support your application, the more likely that it is to be approved.
Working with a specialist mortgage broker is really important if you have no accounts because they’ve got experience securing mortgages for people like you.
And that’s where we come in.
We get how it feels when you’re refused a mortgage. We’ve been there. Haysto exists because the mortgage world is broken. If you don’t have a shiny credit rating, you’re self-employed with a complex income, or just don’t fit the mould, the odds are completely stacked against you. We just don’t think that’s fair.
Unlike others, we only work on bad credit, self-employed and complex mortgages. That’s all we do. And we’re up for a challenge.
No robots, no automated answers. We use technology to connect you to a real person. Not replace them.
Our platform connects you to the perfect specialist broker for free. We only get paid when your mortgage is approved.
Using our platform guarantees you’ll be matched with an expert who has a proven track record of making mortgages possible for people like you. Less processing, more understanding.