We'll find the most suitable self employed mortgage for you

We'll guide you to the most suitable deal
Access self employed friendly mortgage lenders
Mortgages available where only 1 year's accounts are required and up to 90% LTV
Most recent year's accounts can be used for income calculations
Inland Revenue SA302 acceptable
Self cert alternatives
No obligation initial advice from a self employed mortgage professional

If you're self employed and looking for a mortgage, you've come to the right place

We have a strong track record, a wealth of experience and the right credentials to ensure you get the most suitable deal for your circumstances.

The self employed are often penalised for their status, either charged higher rates or rejected entirely as lenders regard them as higher risk than their full time, employed counterparts.

Fortunately, there are a few specialist mortgage lenders that realise there is a growing number of self-employed people, many of whom make ideal borrowers, who have different needs to those who can rely on a regular income.

Contact us today and unlock the door to specialist self employed mortgage lenders.

We have an in-depth understanding of the difficulties the self employed encounter when trying to get a mortgage. Our extensive experience in this field allows us to offer solutions to help you get the home you want. We have access to specialist lenders who provide mortgages to those borrowers who fall outside of mainstream lending criteria. They operate in niche markets, have underwriters assessing cases individually and understand that a one-size-fits-all lending policy doesn't suit many borrowers.

The benefits of using a broker

If you are self-employed or have complex income streams (such as commission-based income or you received large bonuses) this can make it harder to find the right lender and as a result professional advice from a broker can be extremely valuable. The main advantage of using a broker is that you could potentially save yourself time and money. A mortgage advisor who has a solid track record in assisting the self employed will know exactly those lenders that will accept you as a self-employed borrower and those that won't. In addition, a broker is likely to have access to products not available on the high street as many of the specialist lenders only do business through intermediaries.

All the shopping around will be done for you to ensure you get the most suitable solution for your circumstances. The market will be scrutinised thoroughly, from high street lenders to smaller specialist lenders. We'll know which lenders to approach based on varying factors including your trading period, allowance of retained profits, using the latest year's accounting information only, HMRC tax calculations in addition to statutory accounts and so on.

Simply complete the online enquiry form for FREE initial no obligation advice.

Self cert no longer an option

Following the withdrawal of self certification mortgages from the market, the choice for the self employed borrower has diminished somewhat. The principle of a self certification (or self cert) mortgage was if you worked for yourself, you couldn't rely on a regular salary, payslips or a P60 to prove your income - so you didn't. You declared what you earned and the lender would lend you a sum accordingly, without you having to provide proof of income such as audited accounts.

However, the credit crunch brought an abrupt end to these rather controversial products and they have now been axed altogether. In some quarters they were dubbed "liar loans" as there was widespread evidence to suggest they were being abused by borrowers who were overstating their income in order to secure finance. Although these products no longer exist, there are a number of lenders who offer alternative deals to the self employed, as well as those with complex income.

Professional advice can be crucial

During the boom years of the housing markets, a decade or so ago, it was much easier for everyone including the self employed and contract workers to get a mortgage. This all changed following the financial meltdown in 2007 which triggered a sea change in approach. Mainstream high street banks became, some might say, blinkered in their approach towards mortgage lending, cherry picking those borrowers they deem the lowest risk or simply the easiest to deal with.

In recent times things have improved with more and more self employed people turning to mortgage advisers to place their cases with specialist lenders. This is because the availability of mortgages for the self employed is increasing thanks to specialist lenders. Getting the right advice can be crucial. There are some lenders who accept less than 2 years accounts, so even if you only have one year of accounts there are products and lenders available.

Whether you have good or bad credit history, have a preference for a fixed rate mortgage or perhaps a more flexible offset, let an experienced broker analyse your situation, advise you on your options and suggest the self employed lenders who may be willing to help you.