Self Employed UK Home Loan Mortgage

May 8, 2008

Self Employed UK Home Loan Mortgage

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The term self employed uk home loan mortgage may draw a blank with many people – but this is precisely the tool that provides an increasing number of borrowers with the opportunity to buy a property they are entitled to. So what’s the story? Traditionally, mortgages were designed to cater for workers who earned a set annual salary. Quite simply, the lender would multiply this figure by three and the outcome will be the sum you are entitled to borrow. But with 3 million and ever-flexible working patterns in the UK, this basic arrangement no longer stacks up. This is where a self employed uk home loan mortgage comes in.

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