Non Status mortgage loans are provided to people who for one reason or another cannot provide proof of income in a way that is acceptable to conventional lenders. This may be because they are self employed without three years accounts, but more and more employed workers also need more flexible lending solutions.
The mortgage market has responded to changes in working patterns and it is now possible for a person who has been self employed for only one day to potentially secure a mortgage. This type of flexibility would be unheard of among traditional mortgage loan providers. Non-status mortgage loans may also suit employed people who have variable income sources:
Commission based workers
Seasonal workers
Contract worker
Our partners have a great deal of experience in placing non-status mortgages and understand that each of our clients' circumstances are unique. With more lenders than ever in the non-status mortgage market, speak to one of the experts to find a suitable cheap loan for your circumstances.
