Self Employed & Contractor Mortgage Glasgow
Whole-of-market advice for self-employed people, company directors and contractors across Glasgow and East Kilbride. We take the time to understand how you earn, then find a lender that can see the full picture.
Free initial consultation, no obligation
1Y
Of accounts may be enough with the right lender
3X
Prestige Award winner, three years running
£0
Initial consultation is FREE with no obligation
FCA
Appointed representative.
Self employed mortgage advice in Glasgow
Your income is different. Your mortgage advice should be too.
Being self-employed can give you more freedom, but it can also make a mortgage application feel less straightforward. Lenders do not all read company accounts, tax calculations or contractor income in the same way.
At Prestige Mortgage Solutions, we start with the detail. We look at how your income is structured, how long you have been trading and what you want to do next — then explain which mortgage options may fit.
How lenders read your income
Four ways of working, four different calculations
The way you trade decides which figure a lender starts from. Here is what most lenders look for, and where the detail tends to matter.
Sole trader
Most lenders work from the net profit on your SA302 tax calculations, usually averaging the last two years or taking the latest year if it is lower. Some will consider one year’s figures where the trading history is strong.
Limited company director
Salary plus dividends is the common approach, but a smaller group of lenders will use salary plus your share of retained profit. For a director who leaves money in the business, that difference can change what is affordable.
Day rate contractor
Several lenders assess contractors on the current contract rather than company accounts, annualising the day rate over a set number of weeks. Length of contract, renewal history and gaps between contracts all get looked at.
CIS, umbrella and partnerships
Construction workers paid under CIS, contractors inside IR35 through an umbrella and partners drawing a profit share are each treated differently. Getting the right lender first time avoids an unnecessary credit search.
Before we speak
What to have ready
Nothing here is essential for a first conversation. Having it to hand simply means we can give you a firmer answer sooner.
☑ Two years of SA302 tax calculations and tax year overviews
☑ Finalised accounts, or a projection from your accountant
☑ Your current contract and a note of any renewals, if you contract
☑ Three months of business and personal bank statements
☑ Deposit details, including any gifted funds
Buying in Scotland
What’s different about a Glasgow mortgage?
Scotland has its own tax, its own offer process and its own survey. Self employed buyers have a little more to line up before an offer goes in.
LBTT, not Stamp Duty
Scotland charges Land and Buildings Transaction Tax, with different thresholds from the rest of the UK. We confirm the current figures for your budget so the cash you need is clear from the start.
The Home Report
Scottish sellers provide a Home Report with a surveyor’s valuation. Lenders read it closely, and where the valuation sits against the asking price changes what you can borrow.
Closing dates move fast
Popular streets in the Southside and West End often go to a closing date. Self employed income takes longer to evidence, so an agreement in principle in advance matters here.
How it works
From first conversation to keys in hand
Step 1
Free consultation
A no-obligation chat about how you trade, your income and what you want to buy.
Step 2
Income review
We work through your accounts and contracts and calculate the figure lenders will use.
Step 3
Agreement in principle
So you can offer with confidence in Glasgow, even against a closing date.
Step 4
Whole-of-market
High street brands through to contractor specialists, then a clear recommendation.
Step 5
Application to keys
We manage lenders, solicitors and estate agents through to completion.
Why US?
Why choose Prestige Mortgage Solutions?
We want to give you more value than the average mortgage broker, leaving no stone left unturned.
- Advice built around how you actually trade, not a generic template.
- Whole of market access, including contractor and self employed specialists.
- We speak to your accountant where it helps the case.
- Appointments by phone or video, around your working day.
- We manage lenders, solicitors and estate agents through to completion.
- Free initial consultation and a no-obligation quote.
Glasgow and surrounding areas
Where we help self employed clients
We help clients across Glasgow, East Kilbride and the surrounding areas — with phone and video appointments available wherever you are in the UK.
⚲ Shawlands ⚲ Dennistoun ⚲ Partick ⚲ West End ⚲ Southside ⚲ Newton Mearns ⚲ Bearsden ⚲ Giffnock ⚲ Cambuslang ⚲ Rutherglen ⚲ East Kilbride ⚲ Paisley ⚲ Clydebank ⚲ Bishopbriggs ⚲ Pollokshields
Not listed? Call us — we cover the whole of the UK
What our clients say
"Chris and the team were fantastic to deal with, keeping us in constant contact throughout the process through to a successful completion in a short time. Any issues or queries we had were dealt with immediately and correspondence was clear and thorough....."
John Costello
"We cannot recommend Chris at Prestige Mortgage Solutions highly enough. From our very first conversation, he took the time to fully understand our situation and never once made us feel that our circumstances were a problem."
Lewis Ritchie
"I was recommended prestige mortgages through a colleague and they were absolutely brilliant.
Chris McCann contacted me near enough every day with out dates and got my mortgage sorted very quickly."
Ross Campbell
FAQs
Self employed mortgage questions, answered
Still unsure where you stand? A short conversation usually replaces a general answer with one that fits your figures.
Can I get a bad credit mortgage in Glasgow?
Yes, it may still be possible to get a mortgage in Glasgow even if you have a poor credit history. The options available will depend on your individual circumstances, income, deposit, and the type of credit issues you have experienced.
Can contractors get a mortgage in Glasgow?
Yes, many contractors can qualify for a mortgage. Some lenders may assess your income differently, including using your contract rate or contract history, depending on your circumstances.
How many years of accounts do I need for a self-employed mortgage?
This depends on the lender. Many lenders prefer to see at least two years of accounts or tax returns, although some may consider applicants with less trading history.
What documents do I need to apply for a self-employed mortgage?
You may need documents such as SA302 forms, tax year overviews, business accounts, bank statements, and proof of identification. The exact requirements will vary between lenders.
Can I get a mortgage with irregular or fluctuating income?
Yes, it may still be possible. Lenders will assess your income history and may consider how stable and sustainable your earnings are over time.
How can a mortgage broker help self-employed people and contractors?
A mortgage broker can help identify lenders that understand self-employed and contractor income, compare suitable mortgage options, and guide you through the application process.
Let’s work out what your income will actually borrow
Tell us how you trade and we will explain the options that may be open to you. No pressure and no obligation, just straightforward advice from a Glasgow based broker.