If you are thinking about becoming self-employed or starting a company which offers services to another company it will become much harder to find a new mortgage at the best rates until you have three years accounts or tax returns to verify your income history. If you are currently an employee and you would like to remortgage to say the best 5 year fixed rate mortgage it would be wise to conduct a mortgage search prior to becoming self-employed or as a contractor through a limited company you own or co-own. You may become stuck with your existing mortgage, which if it is a variable rate mortgage, could go higher if interest rates rise.rnrnThe tips are intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.rn
