self employed mortgage

[Amateur bob]

im hoping to get planning next year after 2 failed attempts,  im thinking ahead now about mortgages i plan to apply jointly with my wife whos on a 20k a year salary, im self employed though im wondering how this will affect things? also the accounting year for 2021-22 ends in july if i were to apply next autumn say would it be the 2021-22  accounts and 2 years previous or the 2020-21 accounts and 2 years previous? the reason i ask is that the accountant needs time to prepare the accounts, thanks!

[Mr Punter]

Get a decent mortgage broker.  Their fee is normally covered by the lender.  Lenders like them because they understand what is acceptable and required and don't waste time with applications that will not comply.

[Bitpipe]

I'm self employed and recently needed to provide a SA302 which is proof of tax paid (therefore proof of income), normally available a few days after the tax return for the previous year is submitted.

 

Bank were not interested in company accounts as what's important is your personal income.

 

Now this was for a residential re-mortgage so may be different for a new build one (I used ecology for that).