Call us today: 01722 322683

Mortgage Advice for Sole Traders

Mortgage Advice for Sole Traders

Are you a Sole Trader looking for a mortgage? If so, we can help with Mortgage Advice for Sole Traders. How we support you:

Relationships with specialist lenders 
Access to exclusive deals not available directly 
We understand how Sole Trader mortgages work and how to package your income

Contact us today to see how we can help. You are more likely to get a positive outcome if you use an experienced Mortgage Broker like us.

Sole Trader Mortgages Explained

If you’re a sole trader, you might be wondering what the process is to apply for a mortgage. Often the way you are paid means that the process can be more complicated. You may need to look beyond the high street. But we can help.

You might be worried about the following:

  • You only recently set up your Company
  • Your profit over recent years has not been consistent
  • You have been declined for a mortgage by a high street lender
  • You are unsure what documentation you need to provide

Whatever your concern, we can help. If you own your own business, it can be more challenging to apply for a mortgage but by no means impossible.

We know what documents you need to provide to the lender to prove your affordability. We also have relationships with specialist lenders who are more likely to accept applications from Sole Traders. We also know how to package your income to maximise the likelihood of a successful outcome.

By using an experienced self employed mortgage adviser like us, we can help guide you through this whole process and help make it as stress free as possible.

Contact us today for Mortgage Advice for Sole Traders

Contact us

Key points to remember

What information will I need to provide for a Sole Trader Mortgage?

As with all mortgage applications, the mortgage lender will want to see evidence that you earn enough to be able to afford the mortgage.

It depends on which lender you choose as to how they calculate your affordability. Generally, they will take an average from your last two or three years of accounts. But they can take other factors into account as well.

To prove your income when you apply for a Sole Trader mortgage, you will generally need to provide:

  • Certified accounts – generally this should be two or three years. Some specialist lenders can work with one year of accounts
  • SA302 forms or a Tax Year Overview which you can get from HMRC
  • These will generally need to be two or three years. Some specialist lenders can work with 1 year of accounts or less

At Your Mortgage Expert, we can help pull all this documentation together and ensure the lenders have all the information they need. We can also give advice if you only have 1 year of accounts or have recently set up your company.

Contact us

Why choose us?

Our friendly, experienced team is based in the heart of Salisbury, Wiltshire. But we can help you no matter where you live in the UK. To find out more about us, visit our Meet the Team page.

Our team has:

  • Over 80 years of experience in the mortgage and protection industry
  • Close relationships with high street and specialist lenders
  • We have over 100 five-star reviews on Google
  • Have helped hundreds of people with Sole Trader Mortgage Advice

How we work:

  • Personalised, hard working service
  • Search 1000s of deals from multiple lenders
  • Detailed research to ensure you save money
  • Take care of the paperwork to minimise stress
  • By your side from application to completion
  • The experience to get a good result for you

Contact us to see how we can help you get a successful outcome.

Contact us

  • Dan Allen mortgage adviser

    Dan Allen - Mortgage Adviser

    Dan Allen has worked with mortgages for over 10 years. He takes time to understand different lender criteria. His wealth of knowledge means he will know which lenders will work for you situation.
    Email Dan Allen
  • Dan Harris mortgage adviser photo

    Dan Harris - Mortgage Adviser

    Dan started working in the mortgage industry in 2004. Since then, he has helped lots of Sole Traders. Dan has great attention to detail and will do the hard work to ensure you get the best recommendation.
    Email Dan Harris

Contact us

"*" indicates required fields

Monday to Friday: 9am – 5.00pm, Saturday and Sunday: Closed

We will use your name, email address and contact number (‘personal information’) to contact you about the services you have requested or respond to an enquiry you have submitted, which will require us to share your personal information with financial institutions who can assist in the provision of financial services to you including product providers, lenders, banks, insurers, fund managers, platform providers and third party para-planners. For further information on how your information is used, including disclosure to third parties, how we maintain security of your information and your rights in relation to the information we hold about you, please see our Privacy Policy:

Your Mortgage Expert is a trading name of Your Mortgage Expert Limited which is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority.

Registered Office Address: 18 New Canal, Salisbury, England, SP1 2AQ. Registered in England Number: 08924507.

Sorry to see you go

Please note, by clicking on the link you will be departing from the regulated site of Your Mortgage Expert Ltd. Neither Your Mortgage Expert Ltd nor Mortgage Advice Bureau are responsible for the accuracy of the information contained within the non-regulated site.