Self Employed

Self-Employed Mortgages: Tailored Solutions for Your Unique Income

At Mortgage321, we understand that self-employed individuals often face unique challenges when securing a mortgage. Whether you're a freelancer, contractor, sole trader, or run your own business, your income structure may not fit the traditional mold. That's why we specialise in self-employed mortgages, offering expert guidance to help you find the right mortgage solution.

Types of Self-Employed Income

Sole Trader Income: As a sole trader, your income is often based on your business profits. Lenders typically assess your mortgage affordability by reviewing your tax returns, particularly your SA302 forms, and tax year overviews. At Mortgage321, we know how to present your sole trader income in the best light to maximise your borrowing potential.

Partnership Income: If you operate as part of a partnership, lenders will evaluate your share of the partnership's profits. It's crucial to provide evidence of consistent earnings, usually through your partnership accounts and tax returns. We specialise in helping partners like you secure competitive mortgage rates by clearly presenting your income and financial stability.

Limited Company Director Income: As a director of a limited company, your income may be a combination of salary and dividends. Some lenders may also consider retained profits within the company. Mortgage321's expertise lies in navigating the complexities of limited company income, ensuring that your full earnings potential is recognised in the mortgage application process.

Contractor Income: Contractors often have varied income streams, including day rates, short-term contracts, or project-based earnings. Mortgage lenders may assess your income differently depending on the stability and length of your contracts. We work with a wide range of lenders who understand contractor income, helping you secure a mortgage that reflects your true earning power.

Freelance Income: Freelancers typically have multiple clients and fluctuating monthly income. Lenders often require a robust history of earnings, supported by contracts and tax returns. At Mortgage321, we specialise in presenting your freelance income clearly and convincingly to ensure your mortgage application is successful.

Why Choose Mortgage321 for Your Self-Employed Mortgage?

Expertise in Self-Employed Mortgages: With years of experience, we understand the intricacies of self-employed income and how to best present it to lenders.

Access to Specialised Lenders: We have strong relationships with a wide range of lenders who offer tailored mortgage products for self-employed individuals.

Personalised Service: We take the time to understand your unique income structure and financial situation, providing bespoke mortgage solutions that work for you.

Whether you're a sole trader, partner, limited company director, contractor, or freelancer, Mortgage321 is here to help you navigate the mortgage landscape. Let us simplify the process and find the best mortgage deal to match your self-employed income.

Contact Mortgage321 today to speak with our brokers and start your journey toward securing the perfect mortgage for your needs.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.