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Self-Employed Mortgages

I cannot praise Mike Newman enough for the superb service he provided in arranging our mortgage. I'd have absolutely no reservations about recommending his services. Thanks, Mike!

M.F & S.F Cardiff

First class service. Mike Newman is extremely good at his job, knows his products that best suit your needs, responds really quickly to your messages, great to speak to on the phone.

J.M Penzance

Mike was amazing! After being let down by my own bank, Mike sorted everything. The whole process went along without any problems at all. He was always on hand if ever I needed to ask anything and he kept in touch with me along the way! Absolute 5* service!

K.P Birmingham

A first rate, professional service. We were very impressed with Mike. He kept us fully informed at each stage of the process, answering our queries and making what some consider a complicated and stressful time absolutely painless.

P.R & S.R Fareham

Outstanding service. Mike was extremely polite, helpful and knowledgeable. Always kept in contact and replied to emails returned calls quick and efficiently. More than happy with the service.

A.P Birchington

We are so pleased that we decided to choose this company for finding a new mortgage. Communication and their patience at answering our queries was excellent. We will not hesitate to use Creative in the future.

G.R & R.R Norfolk

Absolutely excellent, from beginning to end I couldn't fault Mike and Natalie. On time, responsive, proactive and accurate. Also the respect and understanding they demonstrated was unexpected in this world today.

S.O & N.O Lyme Regis

If you are self-employed as a sole trader or partner, you may be concerned that obtaining a mortgage will be more difficult. This is not strictly true, although most lenders will require you to have a 2 year trading history and many will take an average of your income over this time (assuming it has increased) for assessing affordability for the mortgage. 

 

There are exceptions to this, and at Creative Lending Solutions we can help by locating the appropriate lender for you. This includes lenders that assess affordability for the mortgage by using the latest year’s income in isolation, which is useful when there has been a large increase in earnings, or indeed those lenders who can accept a minimum trading period of 1 year.

 

The income used for the affordability assessment will be your net profit, which is the figure that remains after you have deducted your allowable expenses. Essentially, this is the income that you were taxed on.

Documentation required for a Self-Employed Mortgage

As a self-employed applicant, the documents you will require to demonstrate your income will be a Tax Calculation (SA302) and Tax Year Overview for each of the years you are evidencing. Typically, these must be dated to within 18 months of your trading year end date.

 

Limited Companies

If you are the director of a limited company, you will still be assessed as a self-employed applicant, although the assessment of income will differ. Please see our Company Director Mortgages page for more information.

Making it easy to find your first or next mortgage

We’ll search the market to find the best fit for you. Fill out our short form and we’ll be in touch to explore your options.

Self-Employed Mortgage help from Creative Lending Solutions

If you are self-employed and you would like a smoother route to obtaining a new mortgage, we are on hand to help.


By understanding the unique criteria of one lender over another this better helps us recommend the most appropriate option to you; whether this is simply to obtain a more favourable deal, to raise additional borrowing or to make other changes to your mortgage arrangements.

 

We keep things as simple as possible and will be on hand at every step of the new mortgage process. We will complete the lender’s application form and forward them your supporting documentation. We will respond to the lender’s underwriter with answers to any questions they may have and to offer assurances where they may be required. Once your new mortgage offer has been issued, we will remain available for any questions you may have and for any changes that may be needed up until completion.

More great reasons to get in touch

  • Friendly, professional & convenient
  • Over 20 years’ industry experience
  • We value our customers
  • Same day pre-approvals
  • Full support provided
  • Jargon-free
  • Fast communication
  • Available weekdays until 7pm
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Your home may be repossessed if you do not keep up repayments on your mortgage.