Mortgages for the self-employed

Mortgages for the self-employed

Being self-employed needn’t be a hurdle to finding your dream home. Find out how we can help you by getting in touch today.

An easier approach to securing your mortgage

We understand how busy self-employed people are and how complex and stressful the mortgage process can be.

The good news is, our specialist mortgage advisors will handle the whole process, while you can sit back, relax and concentrate on the important things in life – like running your own business. 

Supporting you throughout the process

Your mortgage application won’t be any different from anyone else applying for a mortgage. However, the process can be more challenging as the mortgage lender will require additional proof of a reliable income. 

There are plenty of ways to provide the reassurance the lender is looking for, and that’s where we can help.

Finding the right mortgage for you

Your very own mortgage expert will research a wide range of products from high-street lenders, including products not available direct. 

As part of the process, they will consider your personal circumstances, including current and future affordability, and recommend the most appropriate deal for your situation and financial goals.

Poor credit 

If you’re self-employed looking for a mortgage and have a poor credit history, it may be more difficult to secure a mortgage with a high-street lender. However, Mallory Financial has access to specialist lenders which makes finding a mortgage under these circumstances possible. 

How to increase your chances of getting a mortgage

  • Save as much as you can for a deposit

  • Make sure you’re on the electoral roll

  • Ensure you have 2-3 years of accounts

  • Make an appointment with one of our advisors

Your home / property may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but will be agreed with you before proceeding.

A simpler mortgage journey

Our experienced advisers will work with you to find a mortgage that meets your needs, ensuring the process is as fast, and stress-free as possible.

Your mortgage review 
An initial consultation to discuss your mortgage requirements and to gather necessary information.
Your mortgage options
We will present options from thousands of deals and advise you as to what may be the most suitable.
Your application
We offer a fully managed application process, you can relax knowing we will be there for you every step of the way.
Your mortgage journey is complete.


Mortgage lenders will regard credit score as a major factor in assessing whether you are reliable when it comes to mortgage repayments. It is advisable to check your credit score before you start the mortgage process so you can be prepared for any questions or queries that may arise.
Trustworthy online services include checkmyfile ( or Experian (, both are easy to use and provide a quick response.

The mortgages available to the self employed are the same as a standard mortgage with the deposit required being 10%. However, the lender may require additional proof of income and, possibly, a higher deposit if they consider you high risk based on past trading history. 

The main reason is that lenders will be looking for extra reassurance that you can afford the monthly repayments and so will be likely to ask for additional proof of income, including accounts and tax returns.

You will need a variety of documents to prove your identification and income including up to 3 years of accounts (or tax returns), proof of ID, bank statements, payslips and evidence that you have enough money saved up for a deposit. 

When you apply for a mortgage, lenders will consider you to be self-employed if you own 20-25% share of a business from which you earn most of your income. You could be sole trader, a partner, a director or a contractor who has set up a limited company.

If you’re self-employed or you own a small business, it is definitely possible to secure a mortgage and our advisors will do everything they can to make this a reality for you. 

However, it can prove tricky because you are regarded as higher risk by the lender. To provide extra reassurance to the lender, you will be asked for additional information* to prove you can afford the monthly repayments and that you will be able to continue to pay them in the future. 

We are here to help

Whether you’re looking for a mortgage, protection or a secured loan, we have specialist advisers to support you.
Contact us today to arrange your initial consultation.