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. Contact us today to discuss your options and find the best mortgage for your needs.