09 Mar 2023
Client Success Story – How We Helped Richard
There are several different situations our clients have been in when looking for property finance and we are here to help.
We wanted to share with you, our client success stories.
Richard is a structural engineer. The Limited Liability Partnership business, Richard is employed by, offered him the ability to become a member which, after consultation, he decided was a good move for him.
Six months into becoming a member of the LLP, Richard decided to move home. When approaching his bank for a mortgage he was faced with a challenge, as he was no longer employed, nor had he submitted a tax return being newly self-employed. Richard was therefore declined by his bank.
By understanding Richard’s change in employment structure, we were able to secure him a mortgage offer with a high street bank, proving there was no change to his income from his employed status to his self-employed status, by way of bank statements and the contract he had signed as a member of the LLP.
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