SELF EMPLOYED MORTGAGES

MORTGAGES FOR SOLE TRADERS, DIRECTORS & CONTACTORS

Are you a self-employed individual looking to buy your first home? Or want to remortgage your home with a new of existing lender? If so, you know that it can be difficult to navigate the entire mortgage application process. There are unique requirements and considerations for those who are self-employed that most might not think about.

We want to make every step to get a mortgage as easy and smooth as possible. You assigned mortgage broker will guide you though the mortgage process.

Self Employed? Struggling for a Mortgage? We Can Help!

The Mortgage Hive works with many lenders that offer good Mortgage deals to self-employed people. Some lenders consider you to be a higher risk if you are self-employed, we don’t let this hold you back from getting the home of your dreams while achieving the best Mortgage possible. We can help with:

Sole Traders and Partners
Company Director
Contractors
One Years Accounts
Freelance Workers

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  • santander residential mortgage high street low rates
  • tesco bank residential mortgage
  • earl Shilton residential mortgage
  • the mansfield building society buy to let mortgage
  • accord residential mortgage
  • danske bank self build mortgage
  • Ipswich building society self build mortgages
  • Birmingham midshires but to let mortgage
  • West One bridging and development finance
  • harpenden building society residential mortgage
  • virgin residential mortgage
  • the melton building society self build
  • Monmouthshire residential mortgage
  • coventry residential mortgage Godiva buy to let mortgage
  • The Mortgage Lender Adverse Poor Credit Mortgages
  • kent reliance specialist lender poor credit mortgages
  • principality residential mortgage
  • Beverley building society residential mortgage
  • hodge lifetime equity release lifetime mortgage holiday let mortgage no minimum income
  • Nationwide residential mortgage mainstream high street lender
  • Prestige Finance Second charge loans
  • Lloyds residential mortgage no mortgage advice
  • leek united building society buy to let mortgage
  • Landbay Commercial semi commercial mortgages
  • Stafford railway building society residential mortgage
  • skipton residential mortgage
  • marsden building society residential mortgage
  • the family building society residential mortgage
  • new street specialist mortgage
  • ulster bank residential mortgage
  • Hinkley and rugby building society residential mortgage
  • atom bank digital mortgage residential lending
  • teachers building society residential mortgage
  • vernon building society residential mortgage
  • paragon specialist mortgage spv company buy to let mortgage
  • ahli united bank islamic mortgage
  • bank of china residential mortgage
  • Dudley building society residential mortgage
  • Logo for Pepper Money who specialise in residential mortgages for people with poor credit
  • secure trust bank residential mortgage STB
  • keystone property finance buy to let spv mortgage
  • the nottingham building society residential mortgage one year accounts
  • Octane Capital Bridging Finance development
  • Kensington residential mortgage 1 year accounts self employed
  • tsb residential mortgage
  • scottish building society self build mortgage
  • metro bank residential mortgage high street lender
  • central trust bridging development finance
  • Interbay Commercial semi commercial mortgages buy to let mortgages
  • mint bridging development finance
  • bluezest buy to let mortgage
  • Halifax residential mortgage high street new job mortgage
  • the mortgage works buy to let mortgage TMW SPV mortgage
  • norton home loans bridging development finance second charge mortgage
  • Barclays residential mortgage high street lending into retirement
  • Clydesdale bank residential mortgage virgin
  • Natwest residential mortgage mainstream high street lender
  • the tipton and Coventry building society residential mortgage
  • Chorley building society residential mortgage
  • the west brom building society residential mortgage
  • precise specialist mortgage buy to let lending
  • the melton building society self build
  • together specialist lender bad credit
  • Newcastle building society residential mortgage
  • Darlington building society residential mortgage guarantee mortgage
  • axis bank buy to let mortgage
  • Leeds building society residential mortgage shared ownership holiday let buy to let mortgage
  • Octopus property Second charge loans
  • shawbrook bank commercial mortgage semi commercial mortgage
  • aldermore specialist mortgage poor credit
  • Al Rayan bank Islamic mortgage
  • fleet mortgages specialist no minimum income low rental stress test
  • ICICI Bank commercial mortgages
  • Furness building society residential mortgage
  • Buckinghamshire building society residential mortgage
  • bluestone specialist mortgage IVA DMP mortgage
  • foundation home loans residential mortgage retirement mortgage
  • Norwich and Peterborough residential mortgage
  • vida homeloans specialist mortgage
  • Oblix Capital Bridging Finance development
  • the cambridge building society residential mortgage
  • Untied Trust Bank UTB bridging and development finance mortgages
  • masthaven specialist lender poor credit mortgages
  • hampshite trust bank bridigng development finance
  • HSBC residential mortgage high street lender
  • newbury building society residential mortgage shared ownership help to buy
  • Lendinvest Lend invest Buy to let commercial mortgages
  • Bank of Ireland post office residential mortgage
  • State Bank of India Buy to Let Mortgage Commercial Mortgage
  • platform Britannia residential mortgage coop bank
  • bath building society residential mortgage rent a room

How Much Can You Borrow from a mortgage Lender?

With Residential mortgages the amount you can borrow will be dependent on your income, commitments and term of the mortgage. To qualify for a mortgage, you will need to prove that you can make regular payments over an extended period.

With Self employed borrowers, you can no longer get self certification mortgages. Instead to prove your self employed income most Lenders generally require 2 years evidence of self employment income. If you have only been trading for 1 year, some lenders will be happy for you to provide just this year, they may ask a projection of your future income.

To find out exactly how much you can borrow as a self employed, get in contact with a mortgage adviser. They will be able to look at your circumstances, check mortgage affordability, compare mortgages and get an agreement in principle.

Self Employed Mortgage Decision in Principle

Get a self employed Mortgage Agreement in Principle today! Find out what size Self Employed mortgage you can have?

Contact one of our Self Employed Mortgage Brokers Today!

What documents will evidence my Self Employed Income?

Apart from your bank statements, the documents requested to evidence your income when self employed, will be dependent on the lender and the type of self employment. You maybe a sole trader of have a limited company and receive dividend payments.

Sole Traders or Partnerships Mortgages

Last 2 Years SA302 (Tax computations)

Last 2 years Tax Year Overviews

If you do you own self assessment tax returns you can get from your government gateway. Alternatively your accountant will be able to provide these documents for you.

Limited Company Directors Mortgages

Last 2 Years SA302 (Tax computations)

Last 2 years Tax Year Overviews

or

Last 2 Year Company Accounts

or

Your Accountant will be required to complete an Accountant Certificate

Contractor Mortgages

With a Contractor it will be dependant on the type of contract work you do and how you are paid. It is best to speak to one of self employed mortgage advisers to get a better understanding on what will be required.

What Credit score do Self Employed mortgage lenders need?

Self employed mortgages have the same credit requirements as employed mortgages. The mortgage lender will look conduct a credit check on your credit file. The credit rating you need will be dependent on your credit history and the value of your deposit/equity. We would suggest you get a copy of your credit report from Checkmyfile, then get in contact with a mortgage broker at the Mortgage Hive. Your mortgage broker will check various mortgage providers lending criteria and find the right mortgage deal that fits your circumstances.

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Self Employed Borrowers Get in Touch Today!

Self Employed people can find buying a home challenging but with the right guidance and preparation, it is possible! At The Mortgage Hive, we match your personal circumstances with the mortgage lenders criteria, to make sure you have the best chance to get great mortgage deals while making sure the mortgage monthly repayments fit within your budget.

Our experienced team will source the whole of the mortgage market to find a solution that meet your needs.  Get in touch today to see how we can help you!

Your Situation is Unique
So is Our Advice.

 

Due to our high success rate in finding mortgages for self employed clients. We have gained vast experience in knowing how to present individual circumstances to achieve the best Mortgage for you.