Mortgages for Self-Employed & Contractors
We’ll make sure your hard work pays off with a mortgage that fits your unique situation.
Being self-employed or working as a contractor shouldn’t make getting a mortgage harder but it often feels that way. We’re here to simplify the process and help you secure the right deal.
Whether you’re a sole trader, company director, freelancer, or contractor, we understand how your income works and how lenders assess it. We’ll guide you through what documents you need, how to present your earnings, and which lenders are most flexible with self-employed applicants.
We also help contractors using day rates or short-term contracts find competitive mortgage options even if your income doesn’t fit the usual mould.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
-
How many years of accounts do I need?
Most lenders require 2–3 years of accounts or SA302s, but some may accept 1 year with strong evidence.
-
Can I get a mortgage if I pay myself via dividends?
Yes, many lenders consider both salary and dividends when assessing income.
-
What if I’ve recently become self-employed?
It may be more challenging, but some lenders specialise in new self-employed applicants.
-
What if I have fluctuating income?
Lenders may average your income over 2–3 years or consider your most recent year if it’s higher. We’ll match you with the right lender.
-
Can I use retained profits in my business?
Some lenders will consider retained profits and director’s loans as part of your income. It depends on the lender’s criteria.
-
What if I work under an umbrella company?
You may be treated similarly to an employed applicant, but documentation requirements can vary. We’ll guide you through it.
-
Do I need an accountant?
It’s highly recommended. Lenders often require professionally prepared accounts or accountant’s certificates.
-
What documents will I need?
SA302s, tax year overviews, bank statements, and possibly an accountant’s reference.
-
Can I get a mortgage if my income varies month to month?
Yes. Lenders will usually look at your average income over the past 1–3 years.
