City & Country Financial Services Ltd

As a self-employed individual, finding the right mortgage lender can be a daunting task. 💼

With different lenders having varying criteria and requirements, it can be challenging to know where to start. But fear not – our team is here to help! 🙌

Get in touch: https://www.ccfs.london/contact-us

Can I get a mortgage if I am self-employed with only 1-year’s accounts?

When applying for a mortgage, most lenders want to see your business accounts for the last two or three years.
Does that mean you unable to buy your dream home until you have been trading for over three years then?

Well, it depends.

Find out more in our latest post:

https://www.ccfs.london/blog/can-i-get-a-mortgage-if-i-am-self-employed-with-only-1-years-accounts

Looking for a Self Employed Mortgage?

Don't have the time to research all the lenders in the market? Talk to us! 💬

Our team knows the ins and outs of mortgage lending criteria for self-employed, and we can help you find the right lender for your needs. Contact us today to start your mortgage journey. 📲

https://www.ccfs.london/contact-us

Looking for a mortgage as a self-employed individual?

While there are no lenders who specialise in mortgages for the self-employed, many lenders can help you out depending on your personal circumstances. Some things to consider include: how long you've been self-employed, how much you want to borrow, and the size of your deposit.

Learn more tips for and helpful information about self-employed mortgages:
https://www.ccfs.london/blog/which-mortgage-lender-accepts-self-employed

🌟 CLIENT REVIEW 🌟

We're incredibly grateful to have clients like Vivek Abraham, who recently shared his experience with us:

"City & Country Financial Services (CCFS) has been exceptional in mortgage services. I've worked with Sandeep from CCFS on multiple occasions and he has gone above and beyond, he is very attentive to detail and has a genuine approach to customers. He is extremely hard-working and delivered a quick and efficient service. I'd highly recommend Sandeep and CCFS to anyone who is looking for mortgage services."

Thank you, Vivek! Your kind words truly encapsulate the dedication, professionalism, and customer-first approach that Sandeep and our team strive to embody every day. We're delighted to know that we could meet and exceed your expectations. 🏠🙌

In our ever-evolving healthcare environment, it's vital to protect your well-being. That's where Private Medical Insurance (PMI) steps in, offering timely access to care, reducing stress, and promoting a high quality of life. Here are some key benefits:

1️⃣ Quick access to medical care: PMI bypasses long wait times often associated with public healthcare.

2️⃣ Choice of specialists and hospitals: You have the freedom to select your preferred healthcare provider.

3️⃣ Access to advanced treatments: Benefit from cutting-edge procedures not readily available through public healthcare.

4️⃣ Private hospital rooms: Experience comfort and tranquillity during your stay.

5️⃣ Customisable coverage: Tailor your policy to meet your unique healthcare needs.

6️⃣ Financial security: Avoid the stress of overwhelming medical costs during emergencies.

In our current healthcare landscape, PMI offers significant advantages, enhancing your overall well-being and quality of life. At CCFS, we're dedicated to helping you find the right PMI policy. Contact us today to secure a worry-free future. 📞💼

🌟 CLIENT REVIEW 🌟

We're always humbled by the feedback we receive from our clients! Dilek Taptik shared thier experience with us:

“CCFS offers reliable and efficient service. I would especially recommend Sandep Lahori, who puts 100% effort into each case with great results. He is extremely professional and approachable. I would not trespass on my time looking for anyone else.”

Thank you for your kind words, Dilek! We're thrilled to hear about your positive experience with our advisor Sandep Lahori. Our team is dedicated to providing the best service to our clients. 💼🏠

Are you a homeowner aged 55 or over? Need funds to support your retirement lifestyle, home improvements, or help your loved ones? Equity release could be a valuable solution for you!

Equity release lets homeowners unlock the value accumulated in their property over time, without selling or moving out.

At CCFS, we offer independent financial advice to guide your decisions around equity release and other financial products. Our experienced advisors can help you weigh the pros and cons of various equity release schemes to find the best fit for you.

Unlock the value in your home with equity release. Contact us today to explore your options! 🔑🚪

https://www.ccfs.london/equity-release

Navigating the transition of a family business is a crucial, yet complex journey. It's a once-in-a-lifetime decision that can either strengthen the business or potentially cause conflicts.

A well-thought-out succession plan maintains the business's strength and ensures prosperity for generations to come. According to research by CBAM and Family Business United, concerns about succession planning rank high among the worries keeping family business owners up at night.

For families in business, it's not just about focusing on their business needs, but also the family dynamics and the intersections between the two. Balancing these elements is essential yet challenging.

Different generations face varied challenges, and the typically entrepreneurial first generation often tends to overlook succession planning. This oversight can complicate the transition process for succeeding generations.

It's not just about business transition, but also maintaining profitability, retaining knowledge, and protecting brand reputation. All of these are part of succession planning.

So, if you're a family business looking to ensure sustainable organisation for years to come, it's time to start succession planning. Let's discuss your requirements and navigate this journey together.

Wondering how to secure a mortgage as a sole trader?

There's a common misconception that lenders consider your turnover or gross profit for mortgage applications. But for sole traders, it's the net profit that matters.

Lenders typically average your net profit over the last two or three years to determine your borrowing capacity. However, some lenders may base their calculations on your most recent annual figures, potentially increasing your borrowing capacity if last year's profit was higher.

Remember, your business may have a high turnover, but the key is your net profit. For instance, if your invoices total £100,000 (turnover), but after expenses, you're left with £40,000 (net profit), it's the £40,000 figure that lenders use for their affordability calculation.

Got questions about your business accounts and mortgage affordability? We're here to help you navigate these complexities. Reach out to us today. 📞💬

Meet the Team 🎉 Introducing Anita Klare, our Client Services Manager at City & Country Financial Services. She keeps our office running smoothly and heads up our client services team with unparalleled expertise.

When she's not making things happen at the office, Anita enjoys good films and quality time with her family and friends. 🎥🍿👨‍👩‍👧‍👦

Anita is not only a proud mother to Milan and Alisha, but she's also a vital link between our advisors, clients, and the financial institutions we work with. Her in-depth knowledge of financial services is greatly valued by our team and clients alike.

Whether you have a query or need assistance, Anita's here to help. Let's give a big virtual hello to Anita! 👋

🌟 CLIENT REVIEW 🌟

It's always wonderful to hear from our clients! Elias Tsirogiannis recently shared his experience with us:

"Recently bought our new house, Sebastian and his team has been absolutely helpful, proactive, and approachable. Great service, highly recommended to anyone who is considering buying their house."

Thank you for the glowing review, Elias! We're delighted to hear about your positive experience with Sebastian and our team. We strive to make the process of buying a home as smooth as possible for our clients. 🏠💼

Looking for mortgage options over 55? Here's what you can consider:

1️⃣ Retirement Interest Only (RIO) mortgages: These are interest-only mortgages where you pay the interest monthly and the capital when the property is sold. With reliable income, you can afford the monthly payments and continue to live in the property indefinitely.

2️⃣ Equity release mortgages: Also known as lifetime mortgages, you borrow money against your property value. There are no repayments during your lifetime. Instead, the loan is repaid when the property is sold. Bear in mind, interest rates tend to be higher with these.

3️⃣ Standard mortgages: With regular income, you can secure a standard mortgage. Note that the terms might be shorter and you might need a larger deposit for favorable interest rates.

Remember, independent financial advice is vital to consider factors such as income, health, and future plans.

Meet the Team 🎉 Let's introduce Mayuri Kapoor, our specialist Mortgage and Protection Adviser at City & Country Financial Services. With a passion for exploring new countries and sights, Mayuri brings the same enthusiasm to helping clients on their property journeys. 🌍🏠

Mayuri excels in finding the perfect mortgage for you, tailored to your personal needs and future financial plans.

She is an expert in residential, buy-to-let, and commercial mortgages, and offers sound advice on various insurances, including life, critical illness, and income protection.

👋

Planning for a secure future?
At CCFS, we believe that it's never too early to start. That's why we want to talk about an often-overlooked aspect of financial planning: children's pensions.

Setting up a pension for your child provides them with a financial head start in life while teaching them the value of long-term thinking and investing.

The benefits of a Child's Pension are many:

- Tax Relief: Every £80 you contribute gets a £20 top-up from the government, up to an annual limit of £2,880.

- Compound Interest: Starting early allows compound interest to significantly increase the value of the pension over time.

- Financial Education: An early introduction to long-term financial planning, investing, and the power of compound interest can help your child become a financially responsible adult.

- Reduced Reliance on State Pensions: A personal pension ensures a more secure financial future for your child, reducing their reliance on government support.

However, keep in mind:

Accessibility: The money is locked away until your child reaches the minimum pension age, currently 55.

Charges and fees: You will need to compare to get the best value.

Investment options: Consider the level of risk you’re comfortable with.

Starting early and making regular contributions maximises the pension's potential growth. If you need assistance or guidance in setting up a pension for your child, our team of experts at CCFS is here to help. Reach out to us today to discuss your options and take the first step toward a brighter future for your child.

Ever heard of Critical Illness Insurance? It's a lifeline in unexpected times, offering a tax-free lump sum if you're diagnosed with a serious illness covered by your policy. This payout can help cover medical costs, mortgages, or even a much-needed family vacation.

As medical advancements prolong life, the financial burden of surviving a critical illness can be significant. This insurance is not just about medical bills, it's about maintaining your lifestyle and protecting your loved ones.

Remember, understanding the terms of your policy is key. At CCFS, we're here to help you navigate these complexities and find the right plan for you.

Plan for a future where you have the power to protect your family and lifestyle, no matter what happens. Let's explore Critical Illness Insurance together.