Getting a Mortgage When Self-Employed
If you’re self-employed and dreaming of buying a home, you might be wondering if getting a mortgage is even possible. With the increasing number of
6 July 2023
Self-Employed Mortgages
Being self-employed brings with it many rewards and opportunities but how does it affect things when it comes to buying your home?
We are experts when it comes to self-employed mortgages.
Enter your details to talk through your options and find the right solution:
Can I get a mortgage if I’m self-employed?
The good news is that as self-employed you are eligible for the same mortgage products as the employed and they are not offered any preferential rates or deals.
Proving your income as self-employed is where things are different and can become slightly more complex.
Each lender will have their own criteria around self-employed and will treat income differently. This is where we will help guide you to the lender that is best fitted to suit your circumstances.
The main type of things that can have an impact on which mortgage lender is suitable are:
- How long you have been trading for.
- Your trading status i.e., sole trader, limited company, partnership etc.
- How you are paid i.e., salary, dividends, profits etc.
- Profitability of company and track record.
As self-employed specialists we will go through your full circumstances to establish exactly what income can and cannot be used and find the right lender for you.
Download our FREE self-employed mortgage guide
This guide is designed to help you fully understand the process of buying your first home. It includes:
- How different lenders are likely to assess your income
- The difference between Sole Trader & Company Director
- Documents needed for a self-employed mortgage application
- Answers to many frequently asked questions
Download now and get yourself mortgage ready.
Why Choose Complete Mortgage Advice?
We have helped thousands of people secure mortgages. Please get in touch to find out how we can help you too.
- Specialists in Self-Employed mortgages
- Whole of Market advisers
- Advice tailored to you
Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage.
How we can help with Mortgages for the self-employed?
As self-employed specialists we will go through your full circumstances to establish exactly what income can and cannot be used and find the right lender for you.
If you are not quite in the position to buy now, then we can help you plan for the future to get you ‘mortgage ready’. This will give you a clear plan on what you need to do with your business and income to put you in a strong position to buy.
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"Amazing service! I cannot recommend Tom and the Team at Complete Mortgage Advice enough. They deliver on what they promise and are highly knowledgeable mortgage advisors, we are both self-employed and the advice and support we received was first class, thank you.."
Lee, Plymouth
"We can’t recommend Tom enough, he helped us out and persevered so much from start to finish. Very helpful and knowledgeable not only with our mortgage but with our life insurance. Thank you for all your help."
Charlotte, Saltash
"Once again Tom was excellent and went above and beyond. Extremely professional, upfront and honest and managed to secure us a brilliant deal. Thank you again Tom and the team, keep up the amazing work!"
David, Plymouth
