Are non status mortgages UK borrowers always self-employed?
No, not always. In fact, other people often have cause to apply for non status mortgages UK. If you work in a job where your monthly salary fluctuates, or you have other sources of income that provide you with irregular sums of money at different intervals throughout the year, then you could fall into the same category as non status mortgages UK borrowers. In addition to any salary you earn from employment, you may receive money from investments, pensions or an annuity which is not always a fixed amount. People who want this money to be taken into account when being considered for a loan to purchase a property apply for non status mortgages UK. Or you may have more than one job. Perhaps you use your evenings and weekends to top up your income, whether with occasional shift work, or by earning commission from selling items, from a catalogue for example. Again, if you want this income to count towards how much a mortgage lender will let you borrow, you will be classed as a non status mor