With so many self-employed people in the UK, you’d think the mortgage world would keep up. Being self-employed can make getting a mortgage complicated, but it’s not impossible!
Our Mortgage Experts have a proven track record of making self-employed mortgages possible for people just like you.
Yes you can absolutely get a mortgage if you’re self-employed! It can just be more difficult compared to an employed person because you have to prove you have reliable, and stable earnings. But if you can afford the repayments, you still have the same right to get a great mortgage deal like everyone else. It can just be trickier to find the right lender and get your paperwork together, that’s all.
If you’re self-employed and want to know how much you could borrow on a mortgage, then use our Self-Employed Mortgage Calculator.
Being self-employed can fall into many different categories; freelancer, contractor, sole trader or maybe even a company director. There’s a few different factors to consider depending what kind of self-employed category you’re in. But lenders will categorise you as self-employed if it’s your main source of income, or you own more than 20 to 25% of a business.
A lot of the high street banks and mainstream lenders have really rigid criteria when it comes to who they’ll lend to. Lots of people are ditching the 9-5, but the banks haven’t kept up with these changing work habits. The good news is there’s specialist lenders out there who deal specifically with self-employed mortgages, and will consider your individual circumstances when you apply for a mortgage. We only deal with the stuff that isn’t straightforward, and we have a great track record of making mortgages possible for self-employed people just like you.
Here’s a few frequently asked questions about self-employment mortgages.
We get how it feels when you’re refused a mortgage. We’ve been there. Haysto exists because the mortgage world is broken. If you don’t have a shiny credit rating, you’re self-employed with a complex income, or just don’t fit the mould, the odds are completely stacked against you. We just don’t think that’s fair.
Unlike others, we only work on bad credit, self-employed and complex mortgages. That’s all we do. And we’re up for a challenge.
No robots, no automated answers. We use technology to connect you to a real person. Not replace them.
We only get paid when your mortgage is approved.