Comedian and cartoonist Paul Savage
(Picture: Matt Writtle)Paul Savage, 38, is a comedian and cartoonist who’s just been given notice on a flat he has been renting in Catford for only three months. “I’d like to buy somewhere so I don’t ever have to speak to a letting agent again.” He knows it’s harder to get a mortgage as he is self-employed and a sole trader, but he’d like to look into it.
Savage has been self-employed for 10 years; eight of those he was growing his career, one year was when Covid hit, but his last year of accounts was really good. He currently pays £800 a month in rent and would be looking to pay a similar amount in mortgage repayments. He has saved up £51,000 for a deposit, £19,500 of which he has in a Lisa. As he’s a first-time buyer, it’s unlikely he will pay stamp duty. “I want to know what I can get for a mortgage and then what I can buy: is it a flat in Bromley or do I need to leave London?”
