Self-Employed Income

Self-Employed Mortgages – Secure a Mortgage as a Sole Trader or Limited Company Director

Getting a self-employed mortgage can seem more complex, but with expert guidance, it's absolutely achievable. Lenders assess self-employed applicants differently, focusing on income stability and financial records. At J Finance, we help sole traders and limited company directors secure the right mortgage by presenting their income in the best possible way.

How Do Lenders Assess Self-Employed Income?

Lenders want to see a reliable income history and will typically assess your mortgage application based on:

✅ Sole Traders & Partnerships – Income is assessed based on your net profit as shown on your SA302 tax returns.

✅ Limited Company Directors – Lenders may consider your salary and dividends, or in some cases, your retained profits within the business.

✅ Time Trading – Most lenders require two years of accounts, but we have options for one-year trading history, transitioning from sole trader to limited, and using your latest year rather than an average – there’s no one-size-fits-all approach.

Essential Documents for a Self-Employed Mortgage

To prove your income, lenders will typically request:

📌 At least two years of accounts or tax returns

📌 Tax Calculations & Tax Year Overviews

📌 Business bank statements

We can also work with lenders who accept an accountant's certificate, which may be quicker and more convenient, especially for complex business structures.

Overcoming Common Challenges

🔹 Fluctuating Income? Whether using the latest year, an average, or adjusting for one-off expenditures, we can find a solution.
🔹 Only One Year of Accounts? Some lenders cater to newer businesses – we’ll find the right fit for you.
🔹 Retained Profits in Your Business? We work with lenders who assess company profits, not just salary and dividends.

Why Choose J Finance?

✅ Specialist Mortgage Advice – We understand self-employed income structures and work with lenders who do too.
✅ Access to a Wide Range of Lenders – We match you with lenders that suit your financial situation.
✅ Tailored Support – We help prepare your case for the best chance of approval.
✅ Smooth Application Process – We handle everything from consultation to mortgage completion.

Secure Your Mortgage with Confidence

Whether you're a sole trader or a limited company director, J Finance can help you navigate the mortgage process with ease. We are happy to hold meetings remotely or our advisers are based all over the UK in locations such as Berkshire, Oxfordshire, Hertfordshire, Bedfordshire, Yorkshire, Derbyshire and London.