Self-employed customers will have access to the same competitively priced range of discount, fixed and tracker mortgages with LTVs up to 80% on GE Money Home Lending’s LVMO and LTM1 products, with rates starting from 3.99%.
Self-employed applicants will need to be trading for at least two years and provide proof of income. We will also consider applicants who have been trading between 1-2 years as part of our referral process.
The lending decision is delivered quickly through GE Money Home Lending’s automated Instant Decision on Line system as part of the lender’s commitment to faster decisions for customers, whilst making it easier for brokers to do business.
The new Self-Employed range will be launched on the 1st of November.
Gerry Bell, marketing director, GE Money Home Lending said:
“Launching self-employed mortgages is a logical extension of our product range to ensure it is addressing the current demand and limited choice available to customers.
“Good quality self-employed customers will have access to the same competitively priced product range as employed borrowers.”
