Self-Employed & Complex Income Mortgages
Mortgage advice with a focus on Ltd company directors, contractors, freelancers, and self-employed professionals. Based in Bromley, serving South East London.
Why Self-Employed Mortgages Feel So Difficult
If you're self-employed, you've probably already found that getting a mortgage isn't as straightforward as it is for someone in a salaried job.
- Banks often only look at your SA302 or tax return and ignore the full picture of your income
- Generalist brokers may not know which lenders accept salary plus dividends vs net profit vs retained earnings
- Some lenders want two or three years of accounts, even if you've been trading profitably for one
- Taking a tax-efficient salary (like £12,570) can make it look like you earn far less than you actually do
- You might have been declined or offered far less than you expected
None of this means you can't get a mortgage. It means you may benefit from a broker with experience in self-employed and complex income cases.
How I Help Self-Employed Clients Find Suitable Mortgage Options
I have experience in understanding how different lenders assess self-employed income. This means I can help identify lenders whose criteria may suit your circumstances — helping you understand your potential borrowing position.
Ltd Company Directors
Your income probably comes from a combination of PAYE salary and dividends, and you may also have retained profits sitting in the company. Different lenders treat this very differently:
- Some use salary + dividends only
- Some will add retained profits to boost your borrowing power significantly
- Some look at net profit before tax
- A small number will consider your company's gross profit
I have experience of which lenders may fall into each category, and I'll research the most suitable option for your circumstances.
Contractors
If you work on a day rate — whether through your own Ltd company, an umbrella company, or as a PAYE contractor — there are lenders who will calculate your income based on your contract rate rather than your accounts. This may affect how much a lender is prepared to consider.
Sole Traders & Freelancers
Your income is typically assessed on your net profit from your SA302 or tax calculations. I have experience of which lenders may average across multiple years, which may use your latest year only, and which may be more flexible with fluctuating income.
Complex Income Structures
Multiple income sources? Mix of employed and self-employed? Income from more than one company? I handle cases like this regularly. The key is knowing how to present your income to the right lender in the right way.
What to Expect When You Work With Me
Clear, structured, and designed around self-employed clients.
Free Initial Chat
We'll talk through your income structure, what you're looking to do, and any concerns. I'll give you an honest assessment — no cost, no obligation.
Income Analysis & Lender Matching
I analyse your income in detail and research lenders whose criteria may work for your specific structure, to recommend suitable mortgage options based on your circumstances.
Application & Support
I prepare and submit your application, presenting income exactly how the lender needs to see it. I manage the process and keep you updated at every stage.
Common Questions
Can I get a mortgage if I've only been self-employed for one year?
Some lenders may consider applicants with one year's trading history, depending on the wider circumstances. I'll let you know where you stand.
I take a low salary and dividends — will I be able to borrow enough?
This is the most common concern I hear. Several lenders will look beyond just your PAYE salary. Some use salary plus dividends, others factor in retained profits. The way income is assessed can make a material difference to the amount a lender may consider.
I've been declined by my bank — does that mean I can't get a mortgage?
Not necessarily. A bank decline usually just means that specific lender's criteria don't fit your income type. There are many lenders in the market with very different approaches to self-employed income.
Do you charge for the initial consultation?
No. Your first consultation is completely free and there's no obligation to proceed.
What areas do you cover?
I'm based in Bromley and primarily serve clients in South East London — Beckenham, Orpington, Chislehurst, Petts Wood, Sidcup, Bexley, and beyond. Most consultations are by phone or video, so location doesn't have to be a barrier.
Let's Explore Your Mortgage Options
Book a free consultation and I'll give you a clear picture of your mortgage options based on your actual income.
Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.