Self Employed Mortgage
Navigating the self-employed mortgage process is much easier when you’ve got the right advice
Mortgages for the Self-Employed
We Make It Simple
Being self-employed doesn’t have to make securing a mortgage more complicated. We know exactly what it takes to navigate the process being self employed. Whether you’re a sole trader, contractor, company director, partner, or have a fluctuating income, We can help you find the right mortgage for your situation.
Self-employment comes in many shapes and sizes, and understanding what lenders expect from you is key to a smooth application process. The biggest hurdle for many self-employed applicants is knowing exactly what financial documents are required and how lenders will assess your affordability. Once you’ve got that sorted, the process becomes much more manageable.
A common myth is that getting a mortgage as a self-employed person is harder than for someone with a regular job. In reality, it’s not any more difficult, it’s just about knowing the right steps. Lenders have different policies, so knowing what they’re looking for can make all the difference.
Here’s the good news
You can get a mortgage with just one year of accounts! While some lenders prefer two or three years, there are plenty that will still consider you with just one year’s worth of trading history. You’ll just need to provide your SA302 (tax calculation) and Tax Year Overviews.
What documents you’ll need depends on your business type. Sole traders and partners will typically need their SA302 and Tax Year Overviews for the past 2-3 years. If you’re a company director or LLP partner, you’ll need to provide full company accounts.
Navigating the self-employed mortgage process is much easier when you’ve got the right advice.
At
Aviella Mortgages we will help you understand what’s required, match you with the right lenders, and guide you every step of the way ensuring a smooth and stress-free application.
