Purchasing a car is, for the vast majority of us, the second greatest cost we have after purchasing a home. Car loans differ depending on whether you’re buying a new or used car, and whether you’re buying from a dealer or a private seller. Our specialists can advise you on your existing repayment ability and help you choose the best loan term for you. The majority of lenders’ requirements need you to have been self-employed for at least two to three years to be eligible for a self-employed house loan.

Some people, on the other hand, have only been self-employed for a year. If you’ve been self-employed for less than a year, you’ll find that there aren’t many lenders prepared to lend to you, restricting your alternatives. This is owing to the fact that you have not received your tax returns and hence have no method of proving your income, as well as the fact that new businesses face greater financial uncertainty.