Self Employed Mortgage With One Year’s Accounts

Self employed mortgage with one year’s accounts

Most lenders want at least 2 years’ worth of self-employed income before they will consider an application.

BUT YES: It is possible to get a mortgage with only one year’s accounts for the self-employed. It’s more complex than if you had 2 years accounts, but not impossible.

There are fewer lenders who consider these types of mortgages, but they are out there.

We have worked with several clients over the last few years in this exact position and have had their mortgages approved, so if you’re concerned about anything please do contact us. It’s always best to fully understand where you stand ahead of house hunting.

All mortgage applications are subject to affordability, criteria and credit status.