Self Employed & Contractors
We Can Help You Get the Mortgage You Want, Whatever Your Circumstance.
Self-employed? Struggling to get your mortgage? We help you get the home you want, without the stress.
More and more people are choosing flexible ways of working and anyone who has been self-employed or a contractor will know it can be more complicated to find the right mortgage deal. Here at Prestige Mortgage Solutions, we specialise in helping:
- Self-employed & Contractors
- Employed fixed & short term contracts
- Zero hour contracts
- Interim employment
- Agency workers with at least 12 months working history
Trying to get a mortgage when you’re self-employed can be a nightmare, with banks and lenders requiring months or even years of financial information before even considering giving you a mortgage.
At Prestige Mortgage Solutions we look at your situation and finances to find suitable mortgages on the property you want. There are many mortgage options available for the self-employed, but very few high street lenders will offer deals.
‘Your home may be repossessed if you do not keep up repayments on your mortgage’
Why Choose Our Self-Employed Mortgage Advisors?
We’re experienced in helping self-employed workers get their ideal homes.
We can offer you the advice you need to convince lenders to help you.
We have access to the whole of the market.
We’re in it long-term and will work with you until you get the result you want.
We offer no-obligation reviews of your circumstances.
Your Mortgage Made Simple
We Can Help You Get the Mortgage You Need, Whatever Your Circumstance.
There are still many options you can take if you are self-employed — and you can end up with a great mortgage based on certain parts of your business. Our specialist advisors will be able to help you if:
You are a shareholder or director of a limited company.
You are a contractor or consultant.
You have detailed records of your accounts going back over a year.
You have self-assessment tax returns and work with an accountant
We’ll negotiate your mortgage on your behalf, taking everything into account — from your budget, to your potential earnings and more. Don’t go it alone. Get in touch with us today.
Can I get a mortgage if I'm self-employed?
Yes, absolutely. While high street banks can make it feel like a nightmare — often demanding years of financial records before considering you — there are many mortgage options available for the self-employed. At Prestige Mortgage Solutions, we specialise in matching self-employed applicants with the lenders most likely to say yes, based on your individual situation and finances.
How many years of accounts do I need for a self-employed mortgage?
Many lenders ask for two to three years of accounts, but that's not always essential. Some specialist lenders we work with will consider applicants with just one year of detailed accounts or self-assessment tax returns — particularly if you work with an accountant. We'll assess what records you have and find the lenders whose criteria fit you.
Can contractors, agency workers, or people on zero hour contracts get a mortgage?
Yes. We specialise in helping contractors and consultants, workers on fixed or short-term contracts, zero hour contracts, interim employment, and agency workers with at least 12 months of working history. Lenders assess these income types differently, so having a broker who knows which lenders welcome your type of work makes a real difference.
I'm a limited company director — how will lenders assess my income?
Lenders vary widely here. Some only look at your salary and dividends, while others will consider your share of the company's net profit — which can significantly increase how much you can borrow. As a shareholder or director of a limited company, we'll identify the lenders whose assessment method works best for your business structure.
What documents will I need for a self-employed mortgage application?
Typically you'll need self-assessment tax returns (SA302s) and tax year overviews, business accounts, bank statements, and proof of ID and address. Contractors may instead be able to use their day rate and contract history. We'll tell you exactly what's needed for your chosen lender and help you present your income in the strongest possible light.
Do self-employed borrowers pay higher mortgage rates?
Not necessarily. Being self-employed doesn't automatically mean a worse rate — you have access to many of the same deals as employed applicants, provided you can evidence your income to the lender's satisfaction. With whole of market access, we'll compare deals from high street and specialist lenders to make sure you get a competitive rate, not just an easy approval.