Can I get a mortgage if I’m self-employed?

Q & ACategory: QuestionsCan I get a mortgage if I’m self-employed?
Barbara asked 7 months ago
1 Answers
Julia Kermode Staff answered 7 months ago

Yes. Fortunately there has been considerable progress in recent years with an increasing number of lenders being receptive to offering mortgages to self-employed people, and there are a number of firms that specialise in lending to this important part of the market. The specifics of what is required will vary according to your chosen lender, but in general they will need to see a history of your income so that they can be assured that you are likely to be able to afford the mortgage repayments. It used to be the case that lenders would need at least 3 years’ worth of proven income but that isn’t necessarily always the case now.

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