Mortgages for self employment Mortgages for self employment

Mortgages for self employment

If you're self-employed and planning to buy a home, Glasgow Credit Union offers mortgage options tailored to your needs.

Eligibility Criteria

To apply for a mortgage with, you must:

  • Be 18 years old
  • Be a member

Required Documentation

As a self-employed applicant, you'll need to provide:

  • Photo identification.
  • Self-assessment tax returns (SA302) or certified accounts over a specific period
  • Recent bank statements.
  • Details of any existing loans or credit commitments.

It's advisable to have at least two years of consistent self-employment income.

Tips for a Successful Application

Prepare Thorough Documentation: Ensure all financial records are up-to-date and accurately reflect your income.

Maintain a Good Credit Score: A strong credit history can enhance your application's success.

Consult with Glasgow Credit Union Advisors: Their team can provide personalised guidance tailored to your situation.