Glossary
Mortgage Terms
Self-Employed Mortgage
Self-employed borrowers — including sole traders, partners and limited company directors — face more complex mortgage applications because income fluctuates and is evidenced differently.. Most lenders require two to three years of accounts or SA302 tax calculations and corresponding tax year overviews. Some specialist lenders can work with one year of accounts
How income is calculated depends on whether you are a sole trader, partner or director.
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