With Frost Financial Services, Buying When Self-Employed Can Be Easy

The Process For Getting A Mortgage When Self-Employed

If you are employed then in simple terms, a mortgage lender takes your basic salary, any over time and works out the maximum that they can lend you irrespective as to how long you have been employed however when you are self-employed lenders are more cautious and have different rules.

What Lenders Require When Applying For A Mortgage

Most lenders will require three years SA302 returns from HMRC and will look at your net profit I.E. the net amount used to calculate your tax liability; they will then times this amount and come up with a lending figure. The lender will also look at your income over the last three years and take an average which can have the effect of reducing down the amount of lending available.

All this said some lenders are beginning to show some signs of flexibility with some lenders taking the last two years income figures to work out a lending amount and one particular lender will take one year self-employed if the client has a good credit score. Before you search the market contact an adviser at Frost Financial Services for the latest schemes available.

Why Frost Financial For A Mortgage

We save you the hassle

Our highly trained, professional advisers work with you every step of the way to make the mortgage process simple, saving you time and effort on one of life’s biggest decisions.

We’re impartial

Going to a bank or estate agent limits your options and could leave you with a deal that isn’t suitable for you. We have access to hundreds of products across the whole mortgage market and can find you the ideal product for your needs.

We can save you money

By hand-picking the best mortgage and negotiating the best rates on your behalf, we can save you up to tens of thousands throughout the term of your mortgage.

Contact our experts without delay

Our experts are on hand to help you! Enquire today by calling us on 01702 554028 or using our contact page.

    Mortgage advisers based in Hadleigh, Essex. We provide a large panel of lenders as well as loans, insurance and equity release.

    Frost Financial Services is authorised and regulated by the Financial Conduct Authority. Registration number: 300133.

    For residential mortgages, your home may be repossessed if you do not keep up repayments on your mortgage.

    With lifetime mortgages you retain 100% ownership. To understand the features and risks, ask for a personalised illustration.


    Frost Financial Services
    Endway House
    The Endway
    SS7 2AN


    Frost Financial Services
    01702 554028


    Equity Release
    01702 861970