07738010714 subu@arunfs.co.uk 173, Squires Ave, Nottingham, NG6 8GD

SELF EMPLOYED

I’m self-employed. Does that mean I’m likely to be declined for a mortgage?
Not at all! Being self-employed—whether as a sole trader, partnership, limited company, or under the CIS (Construction Industry Scheme)—doesn’t automatically make mortgages harder to get. Lenders just assess your income slightly differently, usually looking at at least 2 years of accounts.

Are there any lenders who accept less than 2 years of accounts?
Yes, a handful of lenders will consider 1 year’s worth of accounts or tax calculations (previously known as SA302s). Staying on top of your self-assessments and working closely with your accountant will make the process smoother.

What proof of income do I need?

Sole Traders & Partnerships: Tax Calculations and Tax Overviews (previously SA302s)
Limited Companies: Directors’ salary and dividends, net profit, profit before tax, and limited company accounts with Tax Calculations/Overviews
CIS Scheme: Some lenders treat CIS workers as employed. You may need 13 weeks of CIS slips showing gross and net income, or alternatively Tax Calculations/Overviews

How do I know what a lender will accept?
Every lender has slightly different criteria. Speaking with a broker like us ensures you get a clear plan, tailored advice, and the best chance of mortgage approval based on your circumstances.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Our Location

Serving Nottingham and the UK with expert mortgage and protection advice tailored to your financial needs.

Nottingham

173 Squires Ave, Bulwell

Hours

9 AM - 5 PM

Services

Expert mortgage and protection advice tailored for you.

Contact

Guidance

subu@arunfs.co.uk

07738010714

"Your home or property may be repossessed if you do not keep up repayments on your mortgage."

Arun Financial Services Ltd is registered in England and Wales under registration number 13313240. The registered address, 173 Squires Ave, Nottingham, NG6 8GD. Arun Financial Services Ltd is an appointed representative of PRIMIS Mortgage Network, a trading name of First Complete Ltd, which is authorised and regulated by the Financial Conduct Authority. Mortgages - For our advice services, we will charge a fee of £399, which is payable upon the mortgage offer. After the fee has been paid, you will not receive a refund if your mortgage or loan does not go ahead. However, the amount of the fee paid will be transferred to a new application. We will also be paid a procuration fee by the lender. The amount of the procuration fee will be disclosed to you. You have the right to ask us to provide information on the range of procuration fees that the lenders on our panels offer to us. If an application is submitted to a lender via a packager (a 3rd party specialist), we will be paid commission by the packager. This will be disclosed to you.

The guidance contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK