Mortgages for self-employed, contractors and company directors
Mortgages for self-employed
It might be more difficult to arrange a mortgage if you are self-employed or contracting than it is when you are employed. The lenders will want to see that you have a steady income and are a reliable borrower and might require different documents.
What counts as self-employed?
To be classified as self-employed, you would be sole trader, contractor, CIS contractor or director of a limited company if you own more than 25% of shares. A company director who gets paid only through the payroll but owns more than 25% of shares of the company is also classified as self-employed. Zero-hour contract employees and contractors working under an umbrella company will be classed as employed.
How can we help you?
We offer specialist advice to self-employed and contractors, helping you to get the right mortgage with the right lender. We have access to over 90 mainstream and specialist lenders that accept self-employment applicants. We have experience with securing mortgages even in the most complicated cases. We can save you time and money with your mortgage.
Find your perfect mortgage
Please fill out the online enquiry form below. We will contact you to talk about your mortgage options. This will not affect your credit rating.
We work with over 90 lenders
From high-street banks to specialist finance providers
What to do to get a self-employed mortgage?
As a self-employed, you can access the same mortgages as employed and will have to pass the same affordability checks as everyone else. The only difference is that your income will be based on your self-assessment or daily rate and a most likely average of the last 3 years taken into account.