Self Employed

There is often a myth that there are specific mortgage products for the self-employed, however this is not the case. Self-employed borrowers have exactly the same mortgage options and access to deals as everybody else.

One of the most important factors in being able to obtain a mortgage if you are self-employed is providing proof of your income. Generally, most lenders require two years accounts, however the team at West End Mortgages have access to lenders who can offer mortgages without the full two years accounts.

Lenders may look at salary, dividends, share of net profit, retained profit or partnership drawings when assessing affordability for a mortgage application.

Typical documents that may be required to prove your income could be:


Company Accounts


Tax Computations/Returns


Business bank statements


Proof of any other income and outgoings

Many lenders have specific lending criteria aimed at contractors. Often you will be required to show a track record of contracts and a number of lenders calculate lending limits differently. This sometimes works out more favourable than assessing your income based on your tax returns.

If you are working on any kind of day rate or fixed term contract, it’s best to speak to our Mortgage Specialist at West End Mortgages to discuss the mortgage options that may be available to you.

If you are a sole trader, limited company director or part of a partnership speak to the team at West End Mortgages. We have a full understanding of what lenders are looking for and are best positioned to successfully place your mortgage for you.

We will review all of the mortgage options available for you and put in place the very best mortgage for your circumstances.

If you are self-employed, it is crucial that you receive expert mortgage advice to ensure that you are successful in having your new mortgage approved.

We have extensive experience assisting self-employed clients with arranging their mortgage. Please get in touch if we can assist you with yours.