Can I get a mortgage if I'm self-employed?

Yes, you can get a mortgage when self-employed, but you'll need to provide additional documentation including 2-3 years of accounts or SA302 forms, business bank statements, and proof of ongoing contracts or work.

What documents do I need for a self-employed mortgage?

You'll typically need SA302 forms or tax calculations from HMRC for 2-3 years, self assessment tax returns, business bank statements, accountant's reference, and proof of deposits. Some lenders may also require management accounts.

How do lenders assess self-employed income?

Lenders typically average your net profit over 2-3 years from your SA302 forms or accounts. They may use the lowest year's figures for affordability calculations and consider contract renewals for contractors.

Do I need a larger deposit as a self-employed borrower?

While not always required, having a larger deposit (15-25%) can improve your chances of approval and access to better rates. Some specialist lenders offer competitive rates with smaller deposits for self-employed borrowers.

How long do I need to be self-employed before applying?

Most lenders require at least 2 years of self-employed trading history, though some specialist lenders may consider applications after 12 months with strong earnings and a good credit profile.

What is an SA302 form and why do I need it?

An SA302 form is a tax calculation document from HMRC that shows your income and tax liability. Mortgage lenders use this to verify your self-employed income as it's an official HMRC document.

Can contractors get mortgages more easily?

Contractors with ongoing contracts may find it easier as they can demonstrate regular income. Many lenders have specific contractor mortgage products that consider day rates and contract renewals.

Should I use a mortgage broker as a self-employed borrower?

Yes, a specialist broker experienced with self-employed mortgages can access lenders who understand self-employed income and help present your application in the best light to improve approval chances.

Online Accountant Services

Self Employed Mortgages - Complete Guide

We've put together a comprehensive guide-including tips and FAQs-so you can better understand how you can get a mortgage while being self-employed

By Jordan Macey MAAT Reviewed by Noor Fiaz Updated 3 Feb 2026 16

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