It's Free to Speak to an Advisor, 7 days, 8am - 10pm
It's Free to Speak to an Advisor, 7 days, 8am - 10pm
Let us guide you through the entire mortgage process. We can help with:
Please complete the form accurately so that we can get a better picture of your financial situation.
It’s not necessarily harder, but it can take a bit more preparation. If you’re self-employed, lenders will want to understand how you earn and how steady your income is.
Rather than payslips, they’ll look at your tax returns or accounts to build that picture.
The main difference is how income is assessed, especially if it varies from year to year. Some lenders are more flexible than others, which is why choosing the right one matters.
We work with lenders who understand self-employed applicants and how income can look different on paper.
Our mortgage advisors are here to make sure everything’s in place and help guide you through the process.
Our Customers Rate us 4.9/5
Lenders know self-employed income comes in many forms, and they’ll take into account different sources depending on how your business is set up.
This can include:
Each lender has their own way of assessing income, and some are more flexible than others. We’ll check what’s likely to be accepted and match you with a lender that suits your setup.
Appointments 7 Days a Week
Getting the right advice can make a real difference when you’re self-employed. Lenders all look at income differently, and applying to the wrong one could mean delays or even a declined application.
That’s where we come in. Our mortgage advisors understand how to present your income clearly, whether you’re a sole trader, limited company director, or work on short-term contracts.
We’ll guide you through what’s needed, help with the paperwork, and connect you with a lender who’s more likely to say yes.
Explore 1000s of Mortgage Options
Our Customers Love Us
3,500+ 5 Star Reviews
Derek
They were great when handling our mortgage application even though it was a bit different to the normal one. Highly recommended
3 days ago
Michelle
The team at UK Moneyman have been excellent, really informative, providing sound advice with no judgement and supporting the best possible way forward for myself. I would definitely use the team again, they’ve made the whole process simple and...
2 weeks ago
Lawrence
Great company to work with, very helpful and excellent communication. Chris and Jo did a great job with our application. I highly recommend.
2 weeks ago
Gemma
Excellent speedy service and always available to work around the best times for us, including calls at weekends
1 month ago
Gillian
Having dealt with Leo previously I knew I would be getting a brilliant service and a good deal.
1 month ago
Karen
Very helpful.Quick response to any questions or concerns. Selected the right product to meet our requirements.
1 month ago
Stephen
We went to the Moneyman to start with regarding a new mortgage only which went really smoothly and everything was explained in simple terms at our request Malcom made it feel at ease . Once i had the confidence with them we asked them to help with...
1 month ago
More on Self Employed Mortgages
You don’t always need two full years of self-employment to apply for a mortgage, although that is the most commonly accepted time frame. Some lenders are happy to consider an application with just one full year of accounts, especially if your income is steady and the business is performing well.
In some cases, if you have less than a year of trading history but previously worked in the same industry or role as an employee, there may still be options available. What matters most is being able to show a consistent income pattern and a realistic view of how your earnings are likely to continue.
Many high street lenders are cautious when it comes to applicants with limited trading history, but that doesn’t mean your application won’t be considered. Some specialist lenders take a more flexible approach and are willing to assess applications based on your full financial picture.
We regularly help self-employed applicants who have just completed their first year in business or are unsure if they’ve been working long enough to apply.
Our mortgage advisors will talk through your circumstances, look at what documentation you have available, and match you with lenders who are open to considering your situation.
If you’re self-employed and thinking about applying for a mortgage, the process starts with a conversation.
We’ll begin by getting a full picture of your income, your business, and what you’re looking to achieve. That includes understanding how long you’ve been self-employed, what kind of work you do, and how your income is structured.
You don’t need to have everything figured out before speaking to us. Whether you’ve recently changed how you work or you’re unsure if you’ve been self-employed long enough, we’re here to offer clear, accurate advice.
There’s a lot of information online that doesn’t reflect how lenders actually approach self-employed mortgages. Many lenders have a far more sensible outlook than people expect.
Once we’ve gathered the right information, your mortgage advisor will research which lenders are best placed to offer you a mortgage.
They’ll also work out how much you might be able to borrow, what the monthly payments could look like, and whether your application would be best suited to a high street lender or one that specialises in self-employed applicants.
You’ll then receive a clear recommendation based on your individual situation. From there, we’ll manage your application and handle the entire process, from paperwork to approval.
It is possible to explore mortgage options without a full set of accounts, but the number of lenders who will consider your application may be more limited.
Most lenders will want to see at least one full year of accounts or a completed tax return to assess how much you earn and whether that income is likely to continue.
If you are in your first year of trading and don’t have formal accounts yet, there may still be some flexibility depending on your background.
For example, if you have moved from employment into self-employment and are doing similar work, some lenders will look at your employment history and current contracts to support your case.
It can be difficult to know what counts as acceptable evidence of income when you’re newly self-employed, and online information is often confusing or out of date. That’s why it’s always better to speak with a mortgage advisor first.
We will look at your situation in detail and let you know whether applying now is realistic. If it isn’t quite the right time, we’ll explain what steps you can take to be better prepared for a successful application in the near future.
Lenders assess self-employed income differently depending on how your business is set up and how you’re paid. Sole traders are usually assessed based on their net profit as shown on tax returns.
If you’re a limited company director, lenders may look at your salary and dividends, or in some cases, include retained profits depending on the lender.
For contractors or those working freelance, lenders might use an average of your day rate or contract value, depending on the length and consistency of your recent work.
If your income fluctuates year to year, some lenders may take an average, while others will use the lower figure to assess affordability.
The aim is to confirm that your income is steady enough to manage regular mortgage payments. Lenders want to see that your earnings are sustainable and that your overall financial picture is stable.
As a mortgage broker, we work with lenders who understand the different ways self-employed income can look on paper.
Our mortgage advisors will make sure your income is presented clearly and that your application is placed with the right lender for your situation.
The main difference lies in how your income is assessed. If you are employed, lenders can use payslips and your employment contract to confirm your earnings. If you are self-employed, your income often varies, and the way it is paid can differ depending on how your business is set up.
For sole traders, lenders usually assess net profit shown on tax returns. For limited company directors, income might be based on a combination of salary and dividends, or in some cases, retained profits depending on the lender.
If you work freelance or on a contract basis, lenders may use your average earnings across recent months or your current contract value.
Self-employed income often requires a more detailed review, so the application process can involve extra documentation and checks. This doesn’t mean the process is harder, but it does require more preparation to ensure your income is presented clearly and accurately.
That is why speaking with an experienced mortgage advisor can make such a difference. We understand how different lenders view self-employed income and will make sure your application is built around your specific setup.
By placing your application with a lender that understands your type of income, we can avoid delays and help move things forward more smoothly.
Being self-employed does not automatically mean you will be offered a higher interest rate. The rate you are offered depends on a number of factors including your income, credit history, deposit size, and how your mortgage application is assessed by the lender.
If you have a strong financial profile and your income is consistent, you may be eligible for the same rates offered to employed applicants.
On the other hand, if your income is harder to assess or there are recent changes in your business or credit history, you might be offered a slightly higher rate to reflect the perceived risk to the lender.
The key is finding the right lender. Some are more experienced with self-employed mortgage applications and understand how to interpret different types of income. Others take a more cautious approach, which can result in higher rates or limited product choices.
We work with both high street and specialist lenders and understand which ones are more flexible when it comes to self-employed income.
Our mortgage advisors will assess your situation and compare the most competitive rates available to you based on your individual circumstances.
There is no specific age limit for applying for a self-employed mortgage, but lenders will take your age into account when deciding how long the mortgage can run.
Most lenders have upper age limits for when the mortgage term ends, often between 70 and 75, although some go higher. If you are over 50 and self-employed, there are still options available.
Lenders will want to understand how long you plan to keep working, whether your income is likely to continue, and whether you have any plans for retirement that may affect affordability. Pension income or other assets may also be considered as part of the assessment.
Some lenders specialise in mortgages for over 50s, and others offer more flexible products designed for older applicants, particularly those with established businesses or strong equity in their property.
Our mortgage advisors will look at your full financial picture and help you explore lenders that are more open to self-employed applicants over the age of 50.
Whether you are planning to keep working or thinking about downsizing in the future, we will help you understand what is available.
Self-employed applicants are not always required to put down a larger deposit, but the size of your deposit can make a difference in how your application is viewed.
If you have strong accounts and a consistent income, you may be eligible for the same deposit requirements as someone who is employed.
If your income is more difficult to assess, or if you have only been self-employed for a short time, lenders may look for a larger deposit to reduce the risk.
This is often the case when there are gaps in earnings, a limited trading history, or if the income fluctuates heavily.
The more deposit you are able to put down, the more mortgage deals you will typically have access to, and the better your interest rate may be.
Some lenders will also be more willing to accept self-employed applications when a lower loan-to-value is involved.
Our mortgage advisors will explain how your deposit size affects your options and help you understand what kind of mortgage is available to you based on your income and deposit amount.
You are usually considered self-employed for mortgage purposes if you own more than 20 to 25 percent of a business and your income comes from that business, rather than through traditional employment.
This applies whether you are a sole trader, a limited company director, or working on a freelance or contract basis.
Sole traders are assessed based on their net profit. Limited company directors may be assessed based on salary and dividends, and in some cases, retained profits can be considered depending on the lender.
Contractors and freelancers may be assessed using recent contract values or average income over a set period.
Even if your work pattern is flexible or project-based, you can still be considered self-employed as long as your income is regular and supported by documents such as tax returns, business accounts, or contracts.
We will assess how your income is structured and explain how it will be viewed by lenders.
Each lender has their own rules, and we will make sure your application is matched with one that understands your way of working.
There are not separate products labelled specifically for self-employed people, but some lenders design certain mortgage options with self-employed applicants in mind.
These products may have more flexible criteria or be open to different ways of assessing income. While the mortgage itself is the same as what employed applicants can access, the way the application is reviewed is different.
Lenders offering self-employed mortgage options may accept one year of accounts, average your income differently, or consider retained profits or contract values, depending on your business setup.
Working with a mortgage broker who understands the self-employed market means you can access lenders who are more likely to approve your application and offer competitive rates.
Our mortgage advisors will find out how your income is structured, check which lenders are best suited, and guide you through the process to make sure your mortgage application is as strong as possible.
It is not necessarily harder, but the process can feel more involved. The key difference is how income is assessed. Employed applicants have payslips and contracts, which provide a simple snapshot of their earnings.
Self-employed income is often more varied, so lenders need more information to confirm how much you earn and how consistent that income is. Different lenders will assess income in different ways. Some may require two years of accounts, while others are happy with one.
Some might accept retained profits or contract values, while others prefer more traditional income sources. Because of this variation, applying to the wrong lender can lead to delays or even a declined application.
This is where having expert support makes a real difference. Our mortgage advisors will look at your full financial picture and help place your application with a lender that understands self-employed income. That makes the process smoother and gives you a better chance of success.
To apply for a self-employed mortgage, you’ll need to provide documents that clearly show your earnings and how they are made up.
For sole traders, this usually means submitting your latest tax return and the corresponding tax year overview from HMRC. Company directors may also need to provide business accounts and confirmation of any salary and dividends received.
If you’re a contractor or freelancer, lenders may want to see recent contracts, invoices, or bank statements showing consistent income.
The aim is to show how stable your income is and whether it is likely to continue at a similar level. Each lender will have their own way of assessing income, so the documents required can vary.
We’ll let you know exactly what is needed and help you gather everything in advance so your application is ready to go.
Working with a mortgage broker when you are self-employed can make a big difference. Every lender has their own way of assessing income, and applying to the wrong one can lead to frustration and wasted time.
A broker will know which lenders are most suitable for your specific setup, whether you are a sole trader, company director, or contractor.
We start by understanding how you earn, how long you’ve been self-employed, and what your plans are. Then we look at which lenders are likely to accept your income structure and offer competitive deals.
Our advisors will also check your documents in advance to make sure everything lines up with what lenders need to see. From start to finish, we manage the application process and keep everything on track.
You’ll know what to expect at each stage, and you’ll have someone on hand to answer questions along the way.
Having a mix of income from both employment and self-employment is common, and many lenders are open to this as long as it can be clearly documented.
You might work part-time while running your own business, or take on contract work alongside a salaried role.
Lenders will want to understand how your income is split, how long it has been consistent, and whether both income streams are likely to continue.
They may ask for payslips and employment details alongside tax returns or business accounts, depending on your setup.
We regularly help clients with mixed income apply for mortgages. Our mortgage advisors will assess both sources of income and identify which lenders are most likely to accept your overall earnings.
Yes, it is possible to get a self-employed mortgage if you have bad credit, although your options may be more limited.
Some high street lenders have strict rules, but there are specialist lenders who offer mortgage products designed for applicants with past financial issues.
Lenders will look at the type of credit problem, how recent it was, and how well your finances have been managed since. They’ll also review your income to make sure repayments are affordable.
If your income is steady and you can show that your finances are under control, some lenders may still consider your application even with defaults, missed payments, or CCJs.
We work with lenders who specialise in bad credit mortgages for self-employed applicants. Our mortgage advisors will assess your situation and guide you towards lenders who are more likely to say yes.
In most cases, a business plan is not required to apply for a self-employed mortgage. Lenders usually focus on past income rather than future projections, so their decision is based on your accounts, tax returns, or other proof of income.
There may be some exceptions if you are very newly self-employed and do not yet have a full year of accounts. In these cases, a lender may ask for more context about how your business operates and what you expect to earn, but this is not standard across the board.
If you are unsure what you need, we can help. Our mortgage advisors will tell you exactly what documents are required and whether anything additional, such as a business plan, is likely to be useful.
The documents that a self employed mortgage applicant will need to provide when applying for a new mortgage are:
As you can see from above, apart from the proof of income, the other documents are the same as an employed applicant.
We’ll package your case well ahead of it going to a mortgage lender, however, lenders have access to a more significant amount of data than us, therefore, other documents may be requested by them along the way.
We’ll help you with any document requests that we meet along the application process.
Here are some of the things that we recommend to our self employed mortgage clients so that they can improve their chances of getting accepted.
Being organised with the above will increase your chances of being accepted for a mortgage and securing an offer for the property that you want to go for.
The subject of self employed mortgages is a minefield and is very much criteria based. It’s always recommended to work alongside a mortgage broker to further increase your chances of success.
Our team are here 7 days a week early in the morning until late at night to answer any questions or enquiries you may have.
We don't ask for any payment until we have gone through the mortgage process successfully.
Throughout the mortgage journey, you will have an allocated case manager by your side.
Our service is tailored to the customer and their situation as we believe our customers are the heart of the company.
We want to make sure that our customers are protecting their future and taking out the correct insurance policies.
We have worked with many self employed customers through searching 1000s of mortgage products to find the best deal for you as a self employed applicant.
Our team are experienced in dealing with many self employed cases and can provide you with the support and advice you need to help back up your application.
Going through the mortgage journey as a self employed applicant can be quite a challenge. Our mortgage advisors utilise their experience within the mortgage industry to overcome any obstacles you may experience.
Fixed rate mortgages are a popular choice for self-employed applicants who want consistency in their monthly payments.
With this type of mortgage, your interest rate stays the same for an agreed period, often two, three, five, or even ten years.
This means your repayments will not change, even if interest rates rise during your deal term.
For anyone whose income can fluctuate slightly across the year, such as a freelancer, contractor, or business owner, a fixed rate mortgage can offer the security of knowing exactly what is due each month. This makes it easier to manage household budgeting alongside business expenses.
Lenders assess fixed rate applications from self-employed individuals based on how your income is earned and documented.
Some may prefer to see two full years of accounts or tax returns, while others will consider one year depending on your overall financial profile.
We will help you understand which fixed rate options are available based on your trading history, deposit size, and income.
Whether you are buying your first home, moving, or looking to remortgage, our mortgage advisors will guide you through the process and find a deal that works for you.
Offset mortgages are designed to help you reduce the amount of interest paid on your mortgage by linking your savings to your mortgage balance.
For self-employed applicants who keep money aside for tax bills, business reserves, or future investments, this can be an efficient way to make your savings work harder.
Instead of earning interest on your savings, the balance is used to reduce the total amount of your mortgage that is subject to interest.
This means you could lower your monthly payments or reduce the overall length of your mortgage term. The money remains accessible at any time, so you are not locking it away.
Offset mortgages are most beneficial to those who hold consistent savings and want the flexibility to use that money while keeping repayments lower.
They are particularly well-suited to company directors or contractors who keep cash reserves in a separate account.
Not all lenders offer offset mortgage products, and eligibility will still depend on how your self-employed income is assessed.
We will review your circumstances and check whether an offset product is suitable for you, then explore which lenders offer this type of mortgage based on your income structure.
A joint mortgage allows two or more people to combine their incomes when applying for a mortgage.
For self-employed applicants, applying with a partner or family member who has a steady income from employment can sometimes help strengthen the application and improve the range of deals available.
Lenders will look at each person’s income separately. For the self-employed applicant, this may include tax returns, business accounts, or evidence of contract work.
For the employed applicant, this might be recent payslips and confirmation of employment. Both incomes will then be assessed to determine how much you can borrow and whether the repayments are affordable.
Having a joint application can also increase the amount you are eligible to borrow, as lenders combine both incomes when calculating affordability.
It may also improve your access to better mortgage rates if the overall financial profile of the household is stronger together.
We regularly help couples and co-buyers with mixed income sources apply for joint mortgages.
Our advisors will assess how both income types are viewed by lenders, help prepare the documents, and find a lender that is happy to support your combined application.
If you are self-employed and have experienced bad credit in the past, you may still be eligible for a mortgage.
There are lenders who specialise in working with applicants who have missed payments, defaults, CCJs, or other credit issues, and many of them will also consider self-employed income.
When assessing your application, lenders will look at how recent the credit issue was, whether it has been resolved, and how your financial situation looks today.
They will also assess your income in detail, including how long you have been self-employed and how steady your earnings are.
Bad credit mortgages often require a little more preparation, and lenders may ask for extra documentation or background information.
Some may require a larger deposit, but this depends on the severity of the credit issue and the strength of your current financial profile.
We work with both high street and specialist lenders that offer bad credit mortgage options to self-employed applicants.
Our mortgage advisors will talk through your credit history, assess your income, and find lenders who are likely to offer a solution that suits your needs.
If you already have a mortgage and want to borrow more money, a further advance could be an option.
This means applying to your current lender for additional borrowing on top of your existing mortgage.
It can be used for things like home improvements, business expansion, or to raise funds for personal use.
For self-employed applicants, a further advance can be a practical way to access additional funds without switching lenders.
The lender will still carry out affordability checks, and you will need to provide up-to-date documentation to show that your income can support the increased mortgage repayments.
You may be asked to provide your latest tax returns, business accounts, or contract history depending on how your income is structured.
The lender will also check your repayment history on your existing mortgage to see how well it has been managed.
We will review your current mortgage deal, explore whether a further advance is suitable, and check if your current lender is likely to approve the additional borrowing.
If not, we can also look at remortgage options to help you raise funds through a different lender.
Remortgaging allows you to switch your current mortgage to a new deal, either with your existing lender or a new one.
For self-employed homeowners, this can be a chance to find a better rate, borrow more money, or change the mortgage term to suit your current financial situation.
Lenders will still assess your income when you remortgage, so it is important that your earnings are well-documented.
Most will want to see your latest tax returns or business accounts to confirm affordability.
If your income has increased since taking out your original mortgage, you may find you are now eligible for better deals.
Remortgaging can also be used to raise funds for things like home improvements or business needs.
If you are thinking about borrowing more, lenders will carry out additional checks to make sure the repayments remain affordable.
We help self-employed homeowners review their existing mortgage and explore what remortgage options are available.
Whether you are coming to the end of your current deal or want to make changes to your mortgage, we will check what works best for your current income and future plans.
Getting a mortgage as a first-time buyer can feel overwhelming, especially if you are also self-employed.
While the process is slightly different, there are still plenty of lenders who offer mortgages to self-employed first time buyers.
The main difference is how your income is assessed. Lenders will want to understand how long you have been self-employed, how steady your income is, and whether it is likely to continue.
Depending on the lender, you may need to provide one or two years of accounts or tax returns.
As a first time buyer, you may also have access to certain mortgage schemes or products with lower deposit requirements, depending on your location and financial background.
The key is finding a lender that accepts your income setup and offers a mortgage that fits your budget. We guide self-employed first time buyers through the process from the very beginning.
We will explain how your income will be viewed, what paperwork you need, and how much you may be able to borrow based on your earnings.
If you already own a home and are planning to move, you may need a new mortgage to fund the purchase of your next property.
This is known as a home mover mortgage, and the process is similar to applying for a mortgage as a first time buyer.
As a self-employed applicant, lenders will want to see evidence of your income, including your most recent accounts, tax returns, and possibly business bank statements.
They will also look at your existing mortgage history to check for consistent repayments and financial stability.
Your borrowing potential will depend on your current income, how much equity you have in your current home, and the cost of the property you are moving to.
Some lenders may allow you to port your existing mortgage to a new property, while others may offer new deals that better suit your needs.
We will assess your full financial position and help you explore which home mover mortgage options are available.
Whether your income has changed since your last mortgage or you need to borrow more this time around, we will find a lender that suits your circumstances.
If you are eligible for the Right to Buy Scheme and are self-employed, it is still possible to apply for a mortgage to purchase your council or housing association property.
Many lenders accept applications from self-employed buyers, provided your income can be verified.
Right to Buy mortgages work in the same way as standard mortgages, but with a discounted purchase price based on how long you have lived in the property.
This discount can sometimes be used as part of your deposit, which may reduce how much you need to save up before buying.
Lenders will still need to see your income documents, such as tax returns, business accounts, or proof of contract income, depending on how you are paid.
If your earnings are steady and the discount is significant, you may find that more lenders are willing to consider your application.
We help self-employed applicants make the most of the Right to Buy Scheme by guiding them through the income requirements and identifying which lenders are most suitable for their application.
An interest only mortgage allows you to pay just the interest each month, rather than repaying the capital as well.
This means your monthly payments are lower, but the full loan amount still needs to be repaid at the end of the mortgage term.
For self-employed applicants, lenders will look closely at your income and your repayment plan.
You will need to show how you intend to repay the mortgage in full, whether through savings, investments, or selling another property.
Not all lenders offer interest only products, and those that do often have stricter criteria.
Interest only mortgages can be suitable for self-employed borrowers who have irregular income but strong assets or future financial plans in place.
They are also sometimes used when planning for property downsizing later in life.
We help self-employed clients explore whether an interest only mortgage is appropriate based on their financial setup and long-term goals.
If it is the right fit, we will find a lender who understands your situation and supports this type of repayment structure.
If you are self-employed and interested in buying a property to rent out, a buy-to-let mortgage could be the right choice.
These mortgages are designed specifically for landlords and are available to both employed and self-employed applicants.
Lenders will assess your personal income alongside the expected rental income from the property.
The rental income usually needs to meet a specific threshold based on the mortgage repayments, but your own earnings may also be considered to support the application.
This is particularly important if you are a first-time landlord or if the property’s rent is close to the minimum requirement.
As a self-employed applicant, you will need to provide documents such as tax returns, accounts, or contract history, depending on how you earn.
Some lenders are more flexible than others, so choosing the right one is key.
We work with lenders who offer buy-to-let mortgages to self-employed applicants and will guide you through the process, helping you understand the income and deposit requirements involved.
Shared ownership allows you to buy a share of a property and pay rent on the rest, often through a housing association.
This can be a more affordable way for self-employed applicants to get on the property ladder, especially in areas where full ownership is out of reach.
While shared ownership is open to self-employed buyers, you will still need to meet the same income checks as any other applicant.
Lenders will ask for tax returns or accounts to confirm how much you earn, and they will want to ensure the mortgage and rent payments are manageable.
Because shared ownership involves both a mortgage and a tenancy agreement, there can be more paperwork involved, so choosing the right lender matters.
Not all lenders support shared ownership mortgages, particularly for self-employed applicants with less than two years of trading history.
Our mortgage advisors have experience with shared ownership applications and will help you understand what documents are needed, how affordability is assessed, and which lenders offer the most suitable options.
If you are self-employed and managing multiple repayments such as credit cards or personal loans, a debt consolidation mortgage might help bring everything together into one monthly payment.
This involves remortgaging your property and using the funds to clear other debts.
While this can reduce your overall monthly outgoings, it is important to remember that the debt becomes secured against your home.
Lenders will assess whether this approach is affordable and sustainable, and they will also want to understand your income in detail.
For self-employed applicants, this means providing up-to-date tax returns or accounts and showing that your business is stable.
Some lenders will take a more flexible view if you have equity in your home and your income can support the higher mortgage balance.
We can help you explore whether debt consolidation is a suitable route and compare remortgage options from lenders who offer these types of products to self-employed homeowners.
A capital raising remortgage allows you to release some of the equity from your property by increasing the mortgage amount.
This can be used to fund home improvements, business investment, or large personal expenses.
For self-employed homeowners, capital raising is possible as long as you can show that your income supports the new mortgage repayments.
Lenders will ask for recent tax returns, accounts, or other proof of earnings, depending on how your income is structured.
The amount you can borrow will depend on your current mortgage balance, your property’s value, and the strength of your income.
If your business has grown and your income has increased since you last applied, you may find that more options are now available.
We will help you assess your current mortgage, calculate how much you could raise, and find a lender that supports capital raising remortgages for self-employed applicants.
Secured loans, sometimes called second charge mortgages, allow you to borrow against your property without changing your existing mortgage.
They can be useful if you are self-employed and need to raise money but are tied into a mortgage deal or want to keep your current rate.
Because the loan is secured on your home, lenders will still carry out affordability checks.
For self-employed borrowers, this means showing proof of income such as tax returns, accounts, or contracts.
Some lenders will also look at credit history, business performance, and the reason for the loan.
Secured loans can be an option when a remortgage is not the right fit, especially if your current deal has early repayment charges or your main lender does not offer further borrowing.
We’ll help you explore whether a secured loan suits your situation and compare options from lenders who work with self-employed applicants across a wide range of needs.
If you are self-employed and over 50, a retirement mortgage could be worth exploring.
These products are designed for older borrowers and are often more flexible when it comes to income sources and repayment plans.
Lenders will still want to see how your self-employed income is earned and whether it is likely to continue, but they may also consider pension income or other assets.
Some retirement mortgage products do not have an end date and allow interest to be paid indefinitely, making them more accessible to applicants who plan to keep working later in life.
Even if you are still trading full time, it can be helpful to look at lenders who specialise in later life lending.
These lenders tend to take a more practical view of affordability and income stability, particularly for self-employed business owners with no plans to retire soon.
We will review your current and future income, explore both standard and specialist retirement mortgages, and help you find a lender that suits your long-term financial plans.
Read our Reviews
UK Moneyman Limited is Registered in England, No. 6789312
Registered Address: 9 Gallows Lane, Beverley, United Kingdom HU17 7FJ.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk.
© UK Moneyman Limited 2025.
UK Moneyman Limited is Registered in England, No. 6789312
Registered Address: 9 Gallows Lane, Beverley, United Kingdom HU17 7FJ.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk.
© UK Moneyman Limited 2025.
We value your privacy
This website uses cookies. If you continue to use the site, we will assume that you agree with our use of cookies.
