JMH Financial

Self Employed Mortgages

We’re here to help | Give us a call

Mortgages For The Self Employed

At JMH Financial, we understand that being self-employed can sometimes leave you feeling uncertain about your chances of getting a mortgage. Whether it’s advice from friends, family, or even Dave at the pub, misinformation can create unnecessary anxiety.

The truth is, self-employed individuals—whether sole traders, partners, directors of limited companies, or CIS (Construction Industry Scheme) workers—can access mortgage options with criteria similar to those for employed applicants. Most lenders typically require a minimum of two years’ income proof, but there are even some who accept just one year’s accounts or Tax Calculations (formerly known as SA302s).

The key is preparation. Staying on top of your self-assessments or working closely with your accountant will help set you up for success. At JMH Financial, we specialise in helping self-employed individuals create a tailored plan to prepare for their mortgage applications. We’ll guide you through the process and provide expert advice to match your unique needs and circumstances.

Proof of Income Requirements:

Sole Traders: Tax Calculations and Tax Overviews (previously SA302s).
Partnerships: Tax Calculations and Tax Overviews (previously SA302s).
Limited Companies: Depending on your circumstances, we can consider various metrics, including Directors’ Salary and Dividends, Net Profit, or Profit Before Tax. This requires both limited company accounts and Tax Calculations and Overviews.
CIS Scheme Workers: Did you know some lenders treat CIS workers as employed? In these cases, you may only need 13 weeks’ worth of CIS slips, up to a maximum of two years, showing gross income, net bank deposits, and the slips reflecting the 20% deductions. Alternatively, Tax Calculations and Overviews can also be used if better suited to your situation.

Every lender has unique criteria, which is why working with an experienced broker like JMH Financial is so important. We can help you navigate the options, demystify the process, and outline the best path forward for your specific goals.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Book an appointment

Our Seamless Process



Step 1

Get In Touch

Contact us to discuss your requirements and let one of our financial experts guide you through the straight-forward process.



Step 2

Consultation & Advice

We’ll go through your personal information and get a better idea of what you need and give advice on products and proceeding.



Step 3

Proceed

We process your application, guide you through all the necessary steps to facilitate your financial requirements.

Get in Touch

Frequently Asked Questions

We have all the answers to all your questions… get in touch today for a quick informal no obligation chat.

Does it cost more because I’m self employed?

Being self-employed often brings unique financial considerations, but it doesn’t necessarily mean you’ll pay more; rather, it opens the door to a range of benefits that can optimise your expenses and enhance your financial health. With the right strategies, such as tax deductions for business-related costs and the ability to manage your income flexibly, self-employment can provide opportunities to reduce overall costs while maximising potential savings. At JMH Financial, we understand these nuances and are here to guide you in navigating the financial landscape to ensure you make the most of your self-employed status.

What if I do my own accounts?

Managing your own accounts can be a rewarding yet daunting task, as it allows you to gain a deeper understanding of your finances while also presenting unique challenges in terms of time, accuracy, and organisation; at JMH Financial, we believe that striking the right balance between independence and expert guidance can transform your experience, so whether you’re a DIY enthusiast looking to enhance your skills or someone contemplating professional support, we’re here to help you navigate the complexities of accounting with confidence and clarity.

What if I have taken SEISS/BBL/CBILS?

Navigating the landscape of financial support can feel overwhelming, especially if you’ve accessed schemes like SEISS, BBL, or CBILS; however, at JMH Financial, we understand the nuances and intricacies involved. Whether you’re seeking clarity on repayments, eligibility for future funding, or simply need guidance on managing your finances moving forward, our dedicated team is here to empower you with personalised advice tailored to your unique situation. Embrace the opportunity to turn challenges into stepping stones and let us help you redefine your financial future with confidence.

How long can my mortgage run for?

When considering how long your mortgage can run for, it’s essential to understand that the duration typically ranges from 15 to 30 years, providing flexibility depending on your financial goals and comfort levels; some lenders may even offer terms of up to 40 years, which can significantly lower your monthly payments but may also lead to higher overall interest costs, so exploring your options with JMH Financial can help you determine the best choice for your unique situation and enable you to plan effectively for your future.

What fees do you charge?

At JMH Financial, we believe in transparency and clarity, which is why we offer a straightforward fee structure tailored to your unique needs; our fees vary based on the services you choose, ensuring that you receive the best value for your investment, and we’re always here to discuss any questions you may have, so you can feel confident in your financial journey with us.