Your specialist mortgage options
Finding a competitive mortgage deal can be tricky when you’re self-employed, but Moneybrain has the expertise to scour the market and find these ten great options. Moneybrain Advice Ltd is Authorised and Regulated by the Financial Conduct Authority in respect of mortgage and insurance advice (FRN 940441).
Top 9 by Minimum Income
Tandem
Minimum Property Value
£75,000 Minimum Loan
£25,000 Maximum Loan
£750,000 Minimum Age
21 Maximum Age (at start of mortgage)
70 (Loan must be repaid before the borrowers 70th birthday) Min Income
£12,500 Time in Employment
Minimum of 6 months in current job with 12 months continuous employment Self-employed
Minimum of 3 years trading CCJ's/Defaults/Arrears
Current Arrears = 1
Highest Status 0-12 months = 1
Highest Status 13-24 months=2
CCJs or Defaults no Limits, and do not need to be satisfied. Together
Minimum Property Value
£50,000 Minimum Loan
£50,000 Maximum Loan
£1,000,000 Minimum Age
18 Maximum Age (at start of mortgage)
85 years at end of term if retirement
income can be proven Min Income
£15,000 Time in Employment
No min. term in current role if 12
months continuous employment (if
less than 12 months continuous
employment a min. of 6 months with
current employer is required) Self-employed
The last two SA302 documents and
up to date business banking
statements (last 3 months) or
accountants certificate is required CCJ's/Defaults/Arrears
Up to 3 arrears & CCJ's accepted in the last 12 months. CCJ's and defaults ignored if older than 12 months. Pepper Money
Minimum Property Value
£70,000 Minimum Loan
£25,001 Maximum Loan
£1,000,000 (subject to LTV) Minimum Age
21 Maximum Age (at start of mortgage)
75 (at end of term) Min Income
£18,000 Time in Employment
Minimum of 3 months in current job with 6 months continuous employment Self-employed
2 years’ accounts required, unless only 1 year available due to trading period. Minimum trading period of 12 months CCJ's/Defaults/Arrears
Arrears status of 0 in last 6 months, none missed in the last 12 months.
CCJs >none in last 6 months. The Mortgage Lender
Minimum Property Value
£70,000 Minimum Loan
£25,000 Maximum Loan
£1,000,000 Minimum Age
21 Maximum Age (at start of mortgage)
80 (at end of term) Min Income
£15,000 Time in Employment
6 months in current role with 12 months continuous employment history Self-employed
<=80% LTV 12 months trading. >80% 2 years trading history. Latest years accounts used. CCJ's/Defaults/Arrears
<= 80% LTV 12 months trading. >80% LTV 24 months+. Will consider last years accounts. Precise Mortgages
Minimum Property Value
£50,000 Minimum Loan
£25,001 Maximum Loan
£1,000,000 (subject to LTV) Minimum Age
21 Maximum Age (at start of mortgage)
70 Min Income
£15,000 Time in Employment
Minimum 3 months in current job with 12 months continuous employment. Self-employed
Minimum 1 years income up to 85% LTV regardless of how long trading. CCJ's/Defaults/Arrears
Up to 5 Defaults & 3 CCJs in the last 2 years with none in last 3 months. Kensington Mortgages
Minimum Property Value
£75,000 Minimum Loan
£25,001 Maximum Loan
£2,000,000 (subject to LTV) Minimum Age
21 Maximum Age (at start of mortgage)
75 Min Income
Not specified - affordability based Time in Employment
Minimum of 3 months with current employer and not within probationary period. Self-employed
1 years finalised accounts. CCJ's/Defaults/Arrears
Arrears acceptable if older than 24 months. Unsecured arrears acceptable if accounts are now up to date (max status of 2 in last 12 months). CCJ's/Defaults acceptable if older than 24 months. Foundation Home Loans
Minimum Property Value
£75,000 Minimum Loan
£50,000 Maximum Loan
£2,000,000 (subject to status) Minimum Age
18 Maximum Age (at start of mortgage)
75 Min Income
No minimum income. Time in Employment
No minimum current employment (excluding zero hours contracts).
Minimum 3 months employment history Self-employed
Minimum 1 year’s accounts considered. CCJ's/Defaults/Arrears
Mortgage Arrears - Maximum 1 missed in last 2 years (none in last 12 months).
CCJ's/Defaults - 0 registered in 6 months
2 unsatisfied (if older than 6 months)
up to the value of £3,000 otherwise
must be satisfied at application. Bluestone Mortgages
Minimum Property Value
£75,000 Minimum Loan
£50,000 Maximum Loan
£1,000,000 Minimum Age
20 Maximum Age (at start of mortgage)
65 Min Income
£18,000 Time in Employment
Minimum 3 months with continuous work in last 12 months Self-employed
Minimum 12 months trading history. CCJ's/Defaults/Arrears
CCJS >£300 ignored. Communications defaults and CCJ's ignored.
Mortgage/Rent arrears >0 in last 12 months. Ignored over 24 months Aldermore
Minimum Property Value
£60,000 Minimum Loan
£25,001 Maximum Loan
£1,000,000 (75% LTV max) Minimum Age
21 Maximum Age (at start of mortgage)
70 Min Income
£10,000 Time in Employment
Minimum 3 months with continuous work in last 12 months Self-employed
Normally 2 years income history required however will consider 1 year if applicant meets specific criteria. CCJ's/Defaults/Arrears
No CCJ's or Defaults in the last 3 years. Will consider >3 years old.
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