How to get a Mortgage whilst being Self Employed
Find out how to prepare for a mortgage application when you're self-employed.
Dom Beer and Chris Beer - Our Exeter Self-Employed Mortgage Advisors
What qualifies as self-employed when applying for a mortgage?
When applying for a mortgage, you'll be classified as self-employed if you own over 20% of the primary income-generating business. This can encompass roles like a sole proprietor, partner, director, or a contractor who has established a limited company. Typically, we will require documentation of your income for the previous two full tax years.
What makes a self-employed mortgage different from regular mortgages?
Since you may not possess payslips as evidence of your income, we will require specific documents to ensure your ability to borrow the necessary amount for your home purchase. We have provided a list of these documents below as a reference, though please note that your individual circumstances may lead us to request additional documentation during the application process.
What documents do you need for a self-employed mortgage?
For your income, you will be required to provide specific documents for your most recent and the preceding complete tax year.
Which documents are required for a self-employed mortgage application?
You’ll need to provide specific documents for your most recent and the preceding complete tax year for your income.
How to apply
Speak to our team about self-employed mortgages
We understand that you will have lots of questions that will need answering. Our Exeter advisors are here to help you every step of the way and provide you with peace of mind.
Our Exeter team are ready to take your call and assist you with any questions.
About Beerstone
Beerstone Financial Services was established in 1996 by Chris Beer, our Founding Director, who still plays a key role in the company and ensures we maintain the best service.
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Beerstone Financial Services was established in 1996 by Chris Beer, our Director, who still oversees the company and ensures we maintain the best service.
In total we have over 30 years of experience in financial services working in a range of environments so you can be sure that your situation is in experienced hands.
Speak to our team
Visit our offices: 2 Southernhay West, Exeter, EX1 1JG
Beerstone Financial Services Ltd (542704) is an Appointed Representative of BrokerSync Ltd, which is authorised and regulated by the Financial Conduct Authority (1031981).
There may be a fee for Mortgage Advice. The precise amount will depend upon your circumstances and will be agreed upon following your initial meeting.
Investments, Pensions, Wills, Trusts, PMI and Estate Planning will be referred to our authorised third-party providers. Beerstone Financial Services Ltd and BrokerSync Ltd are not responsible for any advice received from the third-party providers.
Investments, Pensions, Wills, Trusts, PMI and Estate Planning will be referred to our authorised third-party providers. ABC Ltd and BrokerSync Ltd are not responsible for any advice received from the third-party providers.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Conveyancing, Wills, and some forms of Buy-to-let Mortgages and Commercial Mortgages are not regulated by the Financial Conduct Authority.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or other debt secured against it.'