Skip to main content
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.

Want to talk through what this means for you?

Our advisers can explain any of these terms in the context of your specific situation and help you work out your next step.