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How much can I borrow?

Our mortgage self employed calculator will tell you.

Self Employed Mortgage Calculator
I am a...
Sole Traders = Average Net Profit / Limited Company Directors = Salary + Net Profit or Dividends

Enter your email address and submit the form to receive your instant approximate affordability quotation...

Disclaimer: Please note that all figures provided are for illustrative purposes only and can vary depending on the lender and your personal circumstances. To get a more accurate quote, we recommend speaking to one of our advisers who would be happy to help.


Mortgage Self Employed Calculator

It is wrongly perceived by many that it is difficult to secure mortgages for the Self-Employed. The reality is that with early preparation and proper planning, there is no reason why being Self-Employed should stop you from your dream of home ownership.

The rules, regulation and lending criteria for self-employed applicants are constantly changing as lenders respond to the ever-evolving wider financial landscape. With this in mind, it is vital to speak to an experienced adviser early in the process to ensure that both you and your accountant are aligned on what is required in order for your accounts and tax returns to be accurate and complete ready for a mortgage application.

If you are a Sole Trader, whether that be a Freelancer, Contractor or independent Creative, then your income will be treated as your Net Profit as referenced on your latest Tax Return and summarised in your Tax Calculation (SA302) document. If you have at least 2 consecutive years of Net Profit figures then a lender will use the average of those 2 figures or the latest (whichever is lowest).

For more information on Mortgage self employed calculator, get in touch.

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