Self-Employed Buyers in Lanarkshire & Scotland
Self-Employed Mortgages in Lanarkshire
You are not a harder case, just a different one. Sole trader, limited company director, CIS subcontractor or day rate contractor, there are lenders who understand how you actually get paid. We know which ones to go to.
★★★★★ Helping self-employed people across Lanarkshire get judged on how they really earn. Rated 5-stars by hundreds of local clients.
Client Reviews
What Our Clients Say
"I genuinely didn't think buying a house would be possible for another 3 or 4 years for us with it being a self employed application, but here we are about to get our keys in 4 weeks! Tony made the whole process easy for us, nothing was too much hassle for him. He was easy to contact day or night and didn't make me feel silly for asking what probably were silly questions."
Self-Employed Applicant
"Being self employed I didn't know where to start and went straight to my bank who made things extremely complicated. I found Tony and he was able to get me a great deal. We now have our first home, thanks to you."
Self-Employed First Time Buyer
"Great service, outstanding. I'm self employed and he made the process so simple."
Self-Employed Applicant
Why Self-Employed Clients Come to Us
Turned Down by the Bank Is Not the End of It
Your own bank runs one set of rules. There are over 100 lenders in the UK and they all read self-employed income differently. That difference is very often the whole deal.
- ✓Some lenders work from your latest year rather than an average of two or three
- ✓Limited company directors can often use retained profit as well as salary and dividends
- ✓CIS subcontractors can be assessed on gross day rate with the right lender
- ✓One full year of accounts is enough for some lenders if the rest of the case stacks up
- ✓We tell you where you stand before anyone runs a credit search
How It Works
How We Get a Self-Employed Case Over the Line
Five steps, and you will know where you stand after the first one.
Look at How You Actually Get Paid
Sole trader, partnership, limited company or CIS. How your income is structured decides which lenders will look at you, so we start there.
Gather the Right Evidence
SA302s, tax year overviews, full accounts or company records. We tell you exactly what to ask your accountant for so nothing holds the case up.
Work Out Your Real Borrowing Figure
We run your figures past lenders who read self-employed income properly and give you a number you can plan around.
Get a Mortgage in Principle
A Decision in Principle from a lender that has already seen how you are paid, so there is no nasty surprise further down the line.
Apply and Complete
We package the case properly first time, answer the underwriter questions and see it through to completion.
Self-Employed Situations
The Cases We Deal With Every Week
If your situation is on this list, it is nothing unusual to us.
Only One Year of Accounts
You do not always need two or three years. A number of lenders will look at a single full year of trading where the rest of the case is strong.
Check My Options →Limited Company Directors
Salary and dividends is the standard read, but several lenders will also use your share of retained profit. That can change the figure a lot.
See What I Can Borrow →CIS Subcontractors
Working under the Construction Industry Scheme? Certain lenders will assess you on your gross day rate instead of net profit.
Talk to Us →Day Rate Contractors
On a contract rather than a payslip? A good number of lenders will work from your day rate multiplied out across the year.
Get a Figure →A Down Year in the Accounts
One poor year does not sink a case on its own. It decides which lenders to approach and how the case gets presented to them.
Ask About My Case →Cover With No Sick Pay Behind You
There is no employer sick pay when you work for yourself, so income protection and life cover carry a lot more weight.
Get Protected →Common Questions
Self-Employed Mortgage Questions, Answered
The things people ask before they are willing to apply.
Will I actually get accepted if I am self-employed?
Being self-employed is not a mark against you. Lenders just need your income evidenced in a way they recognise. The difference between a decline and an offer is usually which lender the case goes to and how it is presented, and that is the part we handle.
How many years of accounts do I need?
Two years is the common ask, but it is not a universal rule. Several lenders will consider one full year of trading, and a few will work from a first year plus a strong forecast where the rest of the case is solid.
I run a limited company. What income will lenders use?
Most start with your salary plus dividends. A smaller group of lenders will use salary plus your share of net or retained profit instead, which usually produces a higher figure for directors who leave money in the business.
What paperwork will I need?
Usually the last two years of SA302s and tax year overviews from HMRC, or full accounts prepared by an accountant, plus around three months of business and personal bank statements. We give you the exact list for the lender we are going to.
Does a drop in profit ruin my chances?
Not on its own. Some lenders average your years, some take the latest year, and some take the lower of the two. A dip matters most when it is unexplained, so we usually get a short note from your accountant to put it in context.
Can I get a mortgage on CIS income?
Yes. Under the Construction Industry Scheme a number of lenders will treat you much like an employed applicant and work from your gross day or weekly rate, rather than waiting on net profit from your accounts.
Get in Touch
Book a Self-Employed Mortgage Chat
Fill in the form and we will be in touch within one working day. Have your last two SA302s or your latest accounts handy and we can give you a straight answer quickly.