Self-Employed Mortgages

Finding the right mortgage for the self-employed

These days it’s challenging for self-employed individuals to secure competitive mortgage deals. Proving your income can be a daunting and tiring task because it’s not as simple as it seems especially if you started your company a few years ago.  Many years ago, self-employed workers had the option of applying for a “self-cert” mortgage that allowed self-employed workers to confirm their income to mortgage lenders quickly. However, such types of mortgages are no longer available and lenders now require self-employed workers to show one year’s accounts or SA302s.  This means that the amount self-employed workers can borrow is dependent on the amount of profit they earned in the last few years.  Therefore, the more accounts (with profit) you show the lender, the better your chances of securing a good deal.

To make sure you are aware of the different options and remortgage deals available to you, it’s highly recommended that you consult a skilled Mortgage Broker before remortgaging with your current lender.

At Integrity Finance and Mortgages we understand the difficulties faced by self-employed borrowers and are committed to helping them every step of the way. Our team of professional mortgage brokers have many years of experience working with self-employed borrowers. We can access every lender in the mortgage market and based on your income, accounts, and needs, we can help you approach the best mortgage lenders.  So do contact us today to arrange for an appointment.