Which mortgage lender accepts self-employed?

While every lender has their own lending criteria and underwriting requirements, there are no lenders who specialise in mortgages for the self-employed. So, in theory, you can approach any mmlender and ask them to address your mortgage needs.

However, which lender can assist you best will depend on your personal circumstances, such as:

- How long you have been self-employed

- How much you want to borrow

- The size of your deposit (not every lender can give you a mortgage loan of 95% of the value of the property - no matter if you are employed or self-employed)

- How your earnings are structured

- If you take any dividends and how much you took in the last 2 or 3 years

- If your retained profit needs to be considered for the affordability calculation

- The type of mortgage you need

- The type of a property you wish to buy

The list above is not comprehensive, but you get the idea. So, how can you know which lender is right for you?

Well, if you have a lot of free time then you can spend it learning the lending criteria of every lender in the market. But we would advise you to spend that time growing your business or being with your family and people who are important to you. Instead of trying to work it out yourself, talk to us. We know the lenders, we check their lending criteria regularly (which changes more often than British weather!) and we arrange mortgages daily – we do it for living.

Get in touch with one of our Advisers and we will make sure that your mortgage journey runs smoothly.

Are you looking to secure a self-employed mortgage? Speak to one of our advisers.