If you don’t have any income and you’re looking to get a residential mortgage, you wouldn’t currently have any options to get a mortgage. Lenders work, well residential lenders certainly work on a 4.5 times annual income, approximately.
So, whatever you can evidence as income, you’re going to get that kind of multiple. If you want the fastest way to getting a residential mortgage and you’re not currently employed or self-employed, lenders will look at a new employment contract. Some will, most lenders will look for three month pay slips as a minimum.
By working with Trafalgar Square you can rest assured of the following: