We recently helped a couple looking to purchase a new home. Both customers had recently moved from PAYG jobs into Self Employed jobs.
Only 12 months ago both clients (husband and wife) left their PAYG roles to start their own business and they were concerned they would need to wait a further 12 months before they could purchase a home.
It is generally a standard Lender policy that you must be self-employed for 2 years prior to qualifying for a home loan.
First Point Group successfully researched the lending market and found a very competitive Lender who was happy to assist based on our thorough submission, including strong arguments in favour of the client’s previous work experience. Our clients were delighted with the outcome!