Self-employed mortgages
Mortgages for self-employed clients can be complicated. There are different ways that lenders can interpret self-employed income, meaning their responses and offers can sometimes differ. This has been exacerbated since the pandemic with many lenders tightening the rules and changing the goal posts, which is where we come in. Using a broker as a self-employed applicant is more important than ever.
Using a broker means you will have access to our market knowledge, experience and industry contacts which could make all the difference in securing a self-employed mortgage.
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Assessing self-employed income is not always black and white, we are able to support you if you receive income in any of the following formats:
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Sole trader
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Limited Company
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Partnerships
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Contractors
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Construction Industry Scheme (CIS)
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Self-employed Contractors
It is becoming more and more common for professionals to opt to contract with an employer on a self-employed basis, this again can lead to many different ways of your income being assessed. We have years of experience dealing with contractors in many different formats. Get in contact today to discuss the options available to you if you are receiving income on a contractor basis.
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​YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH THE REPAYMENTS ON YOUR MORTGAGE.
Have you checked your credit rating?
As part of a mortgage application lenders will typically review your credit profile to see if you meet their requirements. We recommend independently checking your credit report as early as possible so that we can be fully informed when considering the most appropriate lender.
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Follow the link below to be taken to checkmyfile where you can review your credit report or click read more to get more information