I’m wondering if I should wait until I have two full years of business accounts
Q My wife and I are planning to buy our first home some time towards the end of next year. At the beginning of this year (January 2019) I went freelance and while I expect to make more than my previous salary this year and next, I am concerned that this will compromise our ability to get a mortgage. By the time we are ready to apply for a mortgage I will have two years of tax returns, and about 20 months of business accounts.
Is it worth delaying buying our first home until I have two full years of business accounts? Or is my freelance career jeopardising our chances of getting a mortgage and I should go back to being an employee in order to improve our chances?
Source: the guardian – property
I want to buy a home – can I get a mortgage now I'm freelance?