Nesto

03/03/2026

21/08/2024

Self-employed individuals include anyone who is registered as a:

- Limited company director
- Freelancer
- Contractor
- Sole trader
- Business Partnership
- Gig worker
- Agency worker

Everyone in these categories need to submit a self-assessment tax return to HMRC each year.

When applying for a mortgage, you need to provide more documentation to the lender. This includes everything listed here.

If you are looking at buying a home or want to remortgage, we would love to help. Head to nesto.co.uk to learn more or give us a call on 0161 527 0744 for more information.

15/08/2024

Deposits are always tricky to save up, so knowing how much you need to get a mortgage is important.

Sadly, 100% mortgages today are extremely rare and are hard to obtain, albeit not impossible.

Lenders will normally want a 10% deposit on a house, with some looking at 5%. There are still some lenders offering 0% deposits such as Skipton Building Society, however as mentioned before these are rare.

If you are looking at buying a property or need to remortgage, we would love to talk to you. Head of nesto.co.uk or call us on 0161 527 0744 to get in touch.

09/08/2024

Payday loans can be helpful when there is an emergency and you need access to funds quickly. However when applying for a mortgage, lenders will perceive these negatively.

Lenders view individuals who have used a payday loan as a higher risk, meaning high street lenders are less likely to lend to you and you would need a specialist lender.

Working with a mortgage broker like ourselves who have relationships with specialist lenders and one who has experience handling cases like these is crucial.

if you are considering buying a home or need to remortgage in the next 6 months, get in touch with us today at nesto.co.uk or call us on 0161 527 0744.

03/08/2024

Most people today are aware they need to maintain a good credit score, however we are often asked how someone can improve theirs.

Generally speaking, showing banks you are a low risk person to lend money to is the way. You can achieve this with the stated steps which should help prove to lenders you can be trusted with a mortgage loan.

If you are looking to purchase a home or want to remortgage, we would love to help. Head to nesto.co.uk or call us on 0161 527 0744 for more information.

28/07/2024

One of the first things lenders will check when they receive a mortgage application is the persons credit score.

In the UK there are 3 main credit reference agencies. These are Experian, Equifax & TransUnion. They all have their own way of calculating your credit score.

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If you want to discuss a mortgage or remortgage, get in touch with us today at nesto.co.uk or call us on 0161 527 0744.

22/07/2024

For individuals with bad credit, obtaining a mortgage can be more difficult as lenders view the person as higher risk.

This list shows examples of what lenders would could consider as 'bad credit history'.

If you want to discuss a mortgage or remortgage, get in touch with us today at nesto.co.uk or call us on 0161 527 0744.

16/07/2024

The amount you can borrow from a lender depends on your income. In general, lenders will lend between four and five times your annual income. On a joint application, this would be both incomes added together.

Every lender has its own policies around what they consider as income. For example, some lenders will consider benefits, others will look at a sales persons commission, some might reject child maintenance from an ex partner etc.

Understanding each lenders policies is important when deciding which to go with, which is why using a mortgage broker who knows the market well is strongly advised.

If you want to discuss a mortgage or remortgage, get in touch with us today at nesto.co.uk or call us on 0161 527 0744.