Lenders love a payslip and get nervous about self-employed income — but the idea that sole traders can't get a mortgage is a myth. This guide explains how self-employed and director income is assessed and what lenders look for.
The single biggest self-employed frustration is being told 'computer says no' by a lender who doesn't understand retained profit or dividends. A joined-up accountant and mortgage adviser fixes that — your figures, presented the way lenders need them.
This page explains, in plain English, what this area involves — so you know the questions worth asking.
Regulated advice can only come from an FCA-authorised firm. You can search the FCA register, or ask us for an introduction to Equity & General, the firm we have an introducer agreement with.
Any introduction is optional and free. If you go on to take advice, the adviser explains any fees before anything goes ahead.
Yes — the myth that you can't is just that. The key is a lender who understands self-employed income and an adviser who presents your accounts properly. A regulated mortgage adviser does exactly this, using figures like the accounts we prepare.
Many lenders want two years, but some accept one — which is where specialist advice pays off. A regulated adviser knows which lenders suit your situation.
Yes — a regulated adviser can advise on buy-to-let and portfolio mortgages too, and we handle the property and tax numbers behind them.
General information only. This page explains a topic in general terms. It is not advice, a personal recommendation or a financial promotion, and it does not invite or encourage you to buy any product or service. Everyone's circumstances are different.
Regulated financial advice can only be given by a firm authorised by the Financial Conduct Authority — you can find one on the FCA register (register.fca.org.uk). Buzz Accounting is not authorised to give regulated financial advice. We have an introducer agreement with Equity & General (E&G), authorised and regulated by the FCA (No. 474163); if you would like, we can introduce you — that is entirely optional and there is no obligation.
The value of investments and any income from them can fall as well as rise, and you may get back less than you invested. Your home may be repossessed if you do not keep up repayments on a mortgage. Tax treatment depends on your individual circumstances and may change. Will-writing, trusts and some estate-planning services are not regulated by the Financial Conduct Authority.
