Self-Employed Hub
Welcome to our Self-Employed Hub! We know that securing a mortgage when you’re self-employed can feel challenging, with different requirements and processes to navigate. That’s why we’ve created this hub—to provide you with the key information, resources, and guidance you need to help you on your journey to homeownership as a self-employed professional or freelancer.
← All mortgage guidesSelf Employed
Making mortgages easier for the self-employed
Securing a mortgage when you’re self-employed doesn’t have to be complicated. Our resources provide essential tools and information to help you streamline the process. Understanding your type of self-employed income and how best to present it to lenders can make a significant difference when applying for a mortgage. By preparing the right documents and demonstrating financial stability, you can improve your chances of approval. And of course, if you need any assistance or have questions along the way, our team is always here to help.
You’re not self-employed if:
You are employed, taxed through PAYE, and don’t rely on self-employed or dividend income. If you don’t own a major share in a business or operate as a sole trader, freelancer, or contractor, lenders will classify you as employed.
Learn more
Self Employed
Mortgage solutions tailored to every circumstance
At Barrett Mortgages, we understand that everyone’s financial situation and goals are unique. That’s why we offer bespoke mortgage solutions designed to suit your individual needs.
Sole trader
If you’re a sole trader, proving your income for a mortgage might seem daunting, but it’s easier than you think. Lenders assess your net profit from self-employment, as shown on your SA302 tax calculation. Here are some key things you need to know to get mortgage-ready.
Learn moreCompany director
Being a company director can make getting a mortgage seem tricky, but it’s simpler than you think. Lenders typically assess your salary, dividends, or company profits. Keeping your accounts and tax returns up to date is key. Here’s what you need to know to get mortgage-ready.
Learn moreCIS (Construction Industry Scheme)
Make the most of mortgage options designed for CIS workers, helping you get on the property ladder. Lenders may assess your income differently, making it easier to secure a loan—even with limited payslips. Explore tailored solutions to turn homeownership into a reality.
Learn moreSelf-employed first-time buyer
With solutions for self-employed first-time buyers with just one year’s income, our tailored options help you secure a mortgage—even with non-traditional earnings.
Learn more6x income mortgage
Boost your mortgage borrowing capacity with a 6x Income Mortgage. If you meet the specific eligibility criteria, you could qualify for a mortgage 6 times your earnings. So you could increase your budget by up to 20%.
Learn moreContractors
On a day rate or a fixed-term contract? Many lenders work out your income from your rate rather than your accounts, which often means borrowing more. See what your day rate could get you.
Learn moreOne year’s accounts
Only one year of figures, or a latest year far better than the one before? You don’t always have to wait for two years. Some lenders will work from one year, with the right explanation.
Learn moreAs a freelance musician with complex employment contracts, securing a competitive remortgage was tougher than I expected. Barrett Mortgages made it seamless and got me a better rate than I’d hoped for. I highly recommend them!
Why choose Barrett Mortgages?
Mortgage Solutions Tailored To You
At Barrett Mortgages we specialise in finding a mortgage solution that suits you, your circumstances and your lifestyle. We utilise our years of expertise and work with you to find you the right mortgage.
Flexible Finance Options
We understand that finances look different for everyone, so we are committed to helping you find a finance option that empowers you.
Full Support
Our experienced advisors will support you until the acquisition is complete, ensuring that you are fully informed throughout the process. Never hesitate to give us a call!
Every advisor is CeMAP qualified Equity release advice from a CeRER-qualified advisor Meet the team
Chat with a Specialist
Who will guide you through the qualification process. During our initial consultation, we aim to provide an idea of your maximum loan amount, monthly payments, and associated costs where possible, while answering any questions you may have.
Schedule a callbackFind your solution
Once we have found your solution one of our dedicated advisors will compare all suitable products and prepare your mortgage application. We’ll then handle the submission and work towards securing your formal mortgage offer.
Get my mortgage planTurn Your Dream into Reality
We’ll make the final steps as smooth as possible, coordinating with lenders to ensure a seamless process—ready for you to get the confirmation to your new venture!
Get startedTried, Tested & Trusted by YOU
Ben At Barrett Mortgages
Ben at Barrett Mortgages was unbelievably helpful and patient with this first time mortgage novice. Would highly recommend these guys. Well versed in working with freelancers.
Darren Was On Point
My wife and I recently used Darren at Barrett Mortgages and I couldn't recommend them highly enough. We're first time buyers so knew very little about the process and Darren always took the time to answer any of our questions and everyone at Barrett was super helpful. We didn't think it would be possible to get a mortgage as I'm a freelance musician but they were able to get us a brilliant deal. Would highly recommend Darren and the team for anyone needing a mortgage.
Ben Helped Us
Ben helped us get a mortgage during a pandemic! And he got us a great rate, despite my husband being a contractor. As first-time buyers, we were very new to the whole process but Ben went above and beyond to explain everything really clearly. He was always responsive and even helped with non-mortgage advice! I would recommend him to anyone!
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Let Barrett Mortgages do the searching – and we’ll find the right solution for you.
Self-employed? Talk it through with us
Every lender reads accounts differently. Leave your name and number and a CeMAP-qualified advisor will call to talk through how yours are likely to be assessed.
Darren, Beth, Ben & JakeYour advisors, at our office in Poole
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