Tailored support for self-employed workers
When you're self-employed, lenders usually consider your income based on your past earnings rather than your current income. They typically average your income over the past two or three years as indicated in your tax returns or verified accounts.
From our experience, we've found that self-employed individuals have unique financial circumstances, and there's no one-size-fits-all approach to getting a mortgage. Some lenders are more willing than others to help self-employed individuals secure a mortgage.
As mortgage brokers, we can assist you in finding a lender that can accommodate your specific situation. We have the expertise and resources to help self-employed applicants in a variety of situations.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
This firm charges a fee of up to £795 for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity.
Several factors can influence your mortgage approval if self-employed
Your credit history - a good credit history shows that you handle your money wisely, which makes you less of a risk to lenders.
Size of deposit - A larger deposit means you borrow less against the property's value, reducing your LTV (loan-to-value) ratio and increasing your chances of securing a competitive mortgage rate.
DTI (debt-to-income) ratio - Having fewer debts lowers your debt-to-income (DTI) ratio. This makes you appear less risky to mortgage lenders. As a result, you may qualify for more affordable borrowing and can get closer to your maximum loan amount.
Your mortgage provider - Mortgage providers have different criteria for affordability. We know which ones understand complex income situations and are willing to lend to freelancers and the self-employed.
It is a good idea to talk to a mortgage adviser who specialises in mortgages for self-employed people, like Super Contractors. We will review your situation, advise you on what to do next, and help find the most suitable mortgages for self-employed workers.
For years, we've helped contractors and self-employed workers in the UK get mortgages.
Being self-employed shouldn't limit your options or force you to settle for less. With our years of experience, we’re aware of the different requirements of lenders and we are here to support you and secure the mortgage you deserve!
Whether you are a first-time buyer, buying another property, or simply reviewing your mortgage, our experts will be able to help you.
Why Super Contractors?
Expertise
We're experts at understanding the different payment structures that come with contracting.
Tailored Support
We offer a friendly and professional service designed wholly around your needs.
Mortgage Options
Access to a range of mortgages from across the market, including exclusive deals.
We go beyond
We help with a variety of insurance policies to guarantee security for you and your family.
Our Reviews
We take pride in our work, and we greatly appreciate receiving positive feedback from our customers.
The Process
Our goal is to ensure that the process is as stress-free as possible for you.
Step 1
Fill in the form
We have a few simple questions to understand your mortgage journey.
Step 2
Talk with us
Expect a call from one of our expert mortgage advisers. No automated systems here! You'll speak with a real adviser from the start.
Step 3
We'll get to work
We're able to search for exclusive deals that are not on the high street. We'll do the work to find the most suitable mortgage for you and your specific needs.