Self-Employed Mortgages

An increasing number of workers are turning to self-employment for more flexibility in their working lives. Lenders are responding with a wider choice of mortgages for self employed borrowers. While this is good news, there is so much choice that it can be a minefield, particularly as lenders look at self-employed borrowers’ income in different ways when assessing how much you can borrow.

Since the pandemic hit, lenders have also been scrutinising self-employed income more closely than that of employed borrowers. Lenders want to see a track record of earnings for assess how your business has fared during a difficult time. Also, will ask to see six months’ worth of bank statements as well in this regard.

SWG has plenty of experience in dealing with self-employed borrowers, enabling us to find the right mortgages for self employed your circumstances. We will select the lender offering the best possible terms. So, you can rest assured that you are not paying more than you need to for your funding.