Self-Employed? Here’s How I Can Help You Get a Mortgage

If you're self-employed and looking to get a mortgage, you might feel like the odds are stacked against you. It can seem like lenders speak a different language, and the paperwork alone can be overwhelming. That’s where professional guidance makes all the difference.

What Is a Self-Employed Mortgage?

Despite the name, there’s no separate mortgage product for self-employed people. You’ll be applying for the same types of mortgages as everyone else. The key difference is how your income is assessed.

Because you don’t have payslips from an employer, lenders need to see other forms of proof that your income is reliable and can cover monthly repayments.

What Will Lenders Ask For?

The documents you’ll need depend on how your business is structured. Whether you’re a sole trader, part of a partnership, a limited company director or a contractor, the goal is the same to show that your income is consistent and sustainable.

Lenders often ask for:

• SA302 forms or tax year overviews from HMRC

• Full tax returns

• Business accounts

• Recent bank statements

Most lenders prefer to see at least two to three years of financial records. But if you’ve only been trading for a year, don’t assume that means you’ll be turned down. It’s still possible to find a suitable lender if the rest of your profile is strong.

Why It Helps to Work With a Mortgage Adviser

Getting a mortgage when you’re self-employed can be more complex, but it’s not something you need to do alone. A mortgage adviser will help you understand what’s needed, collect the right documents, and match you with lenders who are comfortable working with self-employed applicants.

Some mortgage deals are only available through brokers and can be more flexible with their criteria. Having access to those can open doors you might not have found on your own.

More than that, it’s about support. Knowing someone is handling the details and representing your case can lift a huge weight off your shoulders.

Ready to Get Started?

Being self-employed shouldn’t stand in the way of buying a home. With the right advice and preparation, you can feel confident about applying and increase your chances of success.

If you’re thinking about a mortgage, get in touch and let’s talk about how we can make it happen.