Are you self-employed and looking for a mortgage? At Barrett Mortgages, we specialise in finding the best mortgage solutions tailored to your financial circumstances. Whether you’re a sole trader, partner, or company director, we understand the unique challenges self-employed individuals face when securing a mortgage—and we’re here to help.
Can Self-Employed Individuals Get a Mortgage?
It’s a common misconception that being self-employed makes it difficult to get a mortgage. The truth is, lenders have specific processes in place to assess self-employed applicants, and with the right advice, you can find a mortgage that suits your needs.
What Do Lenders Consider?
- Sole Traders and Partners: Lenders primarily assess your net profits.
- Company Directors: Lenders evaluate your salary and dividends, and in some cases, your share of the company’s net profits if you don’t draw your full entitlement.
Evidence of Income
The length of time you need to provide evidence of income varies by lender:
- Most require accounts for the last two or three years.
- Some calculate an average, while others may use the most recent year.
- If you have a strong financial profile, some lenders may accept just one year’s accounts.
Why Choose Barrett Mortgages?
We’re a professional finance broker offering mortgages for every need—not just self-employed mortgages. Whether you’re a first-time buyer, looking for a buy-to-let mortgage, or exploring equity release options, we’re here to provide clear, trustworthy, and personalised advice.
Our Promise to You:
- Experienced and Qualified Advisors: Our team is dedicated to delivering the best possible customer experience.
- No Pushy Sales Tactics: Honest and transparent service with your interests at the forefront.
- Tailored Solutions: We compare lenders and products to find the best option for your unique circumstances.
- Strong Reputation: Built on referrals and client trust, we pride ourselves on unparalleled service.
Types of Mortgages We Offer
- Self-Employed Mortgages: Designed to work with your specific financial situation.
- First-Time Buyer Mortgages: Helping you take the first step onto the property ladder.
- Buy-to-Let Mortgages: For landlords looking to grow their investment portfolios.
- Equity Release Mortgages: Unlocking the value tied up in your property for later life.
Ready to Get Started?
If you’re self-employed and ready to explore mortgage options, Barrett Mortgages is here to help. We’ll provide expert advice, guide you through the process, and ensure you secure a mortgage that meets your needs.
Get in Touch
📞 01202 733809
📧 enquiries@barrettmortgages.com
📍 Visit us in Poole, Dorset.
Let us help you find the perfect mortgage solution and get you onto the property ladder with confidence!