“I’m self-employed so I can’t get a mortgage.” This is something we hear so often, but luckily – it’s not true!
Getting a mortgage when you’re self-employed isn’t that different from if you were employed. You have access to all the same mortgages and lenders on the market, you just need to provide different information about your income. You can get a mortgage with just one year’s worth of accounts, however the longer you have been self-employed, the better. You’ll typically need to provide SA302s covering two or three years, two to three years accounts or a year and a projection, and evidence of the last year’s worth of contracts, and any upcoming or rolling contracts (if you’re a contractor).