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Getting a mortgage when you’re self-employed

Verifying your income

Find out how to prepare for a self-employed mortgage application – and see how we can help you.

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

Types of self-employment

When you apply for a mortgage with us, we’ll consider you to be self-employed if you have more than a 20% share of the business from which you get your main income.

You could be a sole trader, a partner or director, or a contractor who has set up a limited company.

As you don’t have payslips to prove your income, we’ll need to see certain documents to help us be confident that you can afford to borrow the amount you need to buy a home. We’ve outlined those documents below as a guide – but your situation is unique, so we may ask you for more documents when you apply.

As a general rule, we’ll need to see proof of your income for the past two complete tax years. 

Most recent complete tax year

You need to supply both of the following. The documents must relate to a period ending no earlier than 18 months prior to the date you submit your mortgage application.

  • A tax calculation – this should preferably be a print-out from the HMRC website that shows your income. If you can’t access the online version, we can accept an SA302 from HMRC. But we can also accept the calculations your accountant submits to HMRC, providing it’s on the accountant’s headed paper with a covering letter.
  • Your financial accounts for the same period, produced and signed by a qualified accountant or your HMRC tax year overview

Previous complete tax year

  • A tax calculation (the same options as for your most recent complete tax year)
  • Your HMRC tax year overview
  • If your mortgage application is going to include retained profit or dividends as part of your income, we’ll also need your financial accounts for the same period, produced and signed by a qualified accountant

How to apply

Use our calculators to see how much you could afford to borrow and get an Agreement in principle to see if we could lend what you need.

Agreement in Principle (AiP)

Take the first step to your mortgage with an AiP

Start an Agreement in Principle (AiP) online to find out quickly if you could borrow the amount you need – without affecting your credit score. 

Mortgage appointment

How to prepare

Find out which documents you’ll need and what you’ll discuss with our mortgage adviser at your appointment.

First-time buyer guides

Start your adventure

Expert tips and guides to help you prepare as you set off on the path towards your first home.

Need some help?

Chat to us online

Start a web chat if you a question about applying (we can’t give advice about choosing a mortgage during web chats).

Call us

Call us1 any time – lines may be closed at off-peak times on bank holidays and during Christmas.

0800 197 1081