Helping you buy with a Self-Employed Mortgage
If you’re self-employed, securing a mortgage can be more complex compared to salaried work. Need advice? We've helped thousands of self employed applicants secure their homes since 1995. Get an Agreement in PrincipleMeet the team
We work with specialist self-employed lenders
Being a whole of market mortgage brokerage, we work with hundreds of lenders.
Some of which specialise in solutions for self employed applicants, and some that you may not be able to approach directly without a broker involved.
So whether you’re a self employed business owner, a sole trader, Ltd company or a contractor, we’re able to help.
Contact us and find out how we can help find a solution for your self employment situation.
Documents you’ll likely need as a self employed applicant
As a self employed applicant, you’ll need to be able to provide more documents than your typical employed applicant would.
We’ll advise you on any documents needed but here are a few common examples of documents lenders will ask for:
- Latest 2 years of SA302 tax calculations
- Tax year overviews to match your tax calculations
- Business accounts, usually dated within 18 months of the date you’re applying (for limited company directors)
- Business bank account statements, sometimes 3 months worth
- A reference from your accountant
Lenders will ask to see these documents to ensure that your business is on track and profitable.
Certain lenders may also take your personal circumstances into account if your business has been suffering, for example, if a life event occurred and you were unable to work, they may look past this.
If you have any questions regarding your self employed income and getting a mortgage, don’t hesitate to reach out to us.
Being self-employed doesn’t have to be a barrier
We have helped thousands of self employed applicants get their mortgage sorted, even with the most complex employment situations and income.
We’ll advise on all of the relevant documentation a lender may ask for before approaching them on your behalf to ensure we have everything ready and that your application goes smoothly, with minimal delays.
We’ll take the time to understand your situation and connect you with the lenders most likely to support your application.
Tell us about your mortgage requirements
Your self-employed questions, answered
When would I be considered self employed?
You’d typically be considered self employed if you are a sole trader, a limited company director, a contractor or any other business owner or if you work on a self employed basis.
I’m a Ltd company director who takes dividends. Will lenders consider this?
Lenders can definitely consider this, they may take an average figure from your last 2 years of accounts.
For limited company directors, lenders can also consider your share of net profit for the business and your director’s salary, even if you are not taking the income from the business.
Will being self employed affect my interest rate?
As a self employed applicant you’ll be eligible for the same mortgage products that are available for employed individuals.
With that being said, different lenders have different criteria and it might be the case that you may not be able to use the same lenders an employed application would use. We will confirm this for you.
I've recently gone self-employed. Am I able to get a mortgage?
We have helped numerous people with similar circumstances, get in touch to see if we can help you too.