The challenge with being self-employed is that an applicant’s job status can affect the decision of mortgage lenders, who can take the stance that you don’t have the same job security as someone who is permanently employed.
However, the fact is that there has been no specific type of mortgage deal for the self-employed since the self-certification option was banned in 2011 by the Financial Conduct Authority (FCA) and almost all mortgage deals are available to those who work for themselves. You just have to prove your income.
The good news is that, as specialists in this area, we can help you explore the range of residential mortgage lenders out there who will happily take on self-employed applicants, even if you have only been trading for a year – or less.
