4 Tips for Getting a Mortgage When you’re self employed


TIP 1 – Prove your income when you’re self employed

When you are self-employed we to need evidence that your business is running profitably and that you are drawing an income from the business.  Sadly, payslips don’t count when you own a business as you could pay yourself a large salary however the business may be running at a loss. 

We can add the following together to create your income,

Shareholder salary


Net Profit of the business if any

Home office expense


If you are newly self-employed it is often very hard to obtain finance as there is no evidence of your annual income.  This does not mean that it cannot happen however we will likely need to provide the bank with much more information.