Self-Employment mortgage
What is it
Who is it suitable for
How does it work
A self-employed mortgage is tailored for individuals with non-traditional income sources, addressing the challenge of verifying income that often arises with conventional lenders.
How does it work
Who is it suitable for
How does it work
Self-employed mortgage applicants face equal affordability criteria but must provide more income documentation due to the absence of employer verification.
Self-employed mortgages use bank statements and tax returns for income assessment, financial accounts considering income patterns for financial stability.
Who is it suitable for
Who is it suitable for
Who is it suitable for
Various self-employed categories have distinct lender requirements.
Categories include Limited Company, Business Partner, and Sole Trader (Contractor/ Freelancer)