Call us: 0345 305 2540
Mortgages for first time buyers

Mortgages for the self-employed


Getting a mortgage as a self-employed person has long been considered a challenge. Thanks to unpredictable payment terms and income fluctuations, some lenders can be reluctant to provide self-employed people with the mortgages they need.

Thankfully, being self-employed doesn’t mean you’re destined to a lifetime of renting. Providing you have a healthy deposit, a secure credit rating and evidence you can handle monthly mortgage repayments, home ownership is still within your reach.

Whether you’re a first time buyer or a recently self-employed home owner looking to move into a bigger place, TaylorMade Finance can help you obtain a mortgage for the home of your dreams.

Arrange a call back

Everything you
need to know…

How is self employed defined?


If you work for yourself rather than for an employer paying a salary or wage, you’re considered to be self-employed. You’re also self-employed if you hold a stake of 25% or more in a company.

The following may also be treated as self-employed:

  • Sub-contractor with income from more than one contract
  • Partner in a business
  • A franchise owner
  • Anyone employed by a limited company of limited liability partnership whose rewards package includes dividends and/or profit share

The following may also be treated as self-employed:


Sub-contractor with income from more than one contract.
Partner in a business.
A franchise owner.
Anyone employed by a limited company or limited liability partnership whose rewards package includes dividends and/or profit share.

If, as a sole trader, you are considering setting up a company, be careful. Lenders will tend to ignore your record as a trader and start from scratch on examining your company records, probably requiring at least two years’ accounts.

TAYLORMADE TOP TIP

The benefit of using a broker is that they can do the shopping around for you. We already know which lenders are most likely to provide self-employed people with the mortgages they need. As a result, we can save you time, energy and money during your mortgage search.

Get in touch

Mortgage
types

Mortgage Calculators

Our online mortgage calculators have been designed to help you with the most common mortgage questions such as ‘how much can I borrow?’ and ‘how much will it cost?’

To get a more accurate idea we recommend that you speak to one of our expert mortgage advisers.

Message an expert

Why choose
us?

Thorough


We conduct a thorough and obligation free financial review to ensure our services are appropriate for you.

Honest


We provide a face to face meeting, to take you through the best options for you, in the comfort of your own home.

Fair


We aim to support the Financial Conduct Authority initiative of ‘Treating Customers Fairly’ at all times.

Informed


We provide you with all the information that you need to make a decisive and informed decision.

Flexible


With access to a comprehensive range of first charge mortgages and protection, we can deliver a complete range of flexible mortgage solutions to fit your exact requirements.

Loyal


We provide our clients with an ongoing service by conducting an annual review to ensure that their current mortgage arrangements still suit their needs.

Comprehensive


Our comprehensive service includes an initial no obligation consultation, professional advice and recommendation, help with legal paperwork and an annual review for every customer.

Helpful


All of our advisers are helpful, courteous and ready to listen at all times.

Proud of
our ratings

Taylor Made Testimonials

Don't just take our word for it


We have a wealth of happy customers who can’t help but shout about our excellent services.

Read more testimonials

Excellent
420 Reviews
4.9 Rating

admin

Fantastic service and advice from start to finish. Took the stress out of the whole process and provided options we couldn’t have found alone. Would particularly like to thank Spencer who has been amazing for providing his personalised service, has a vast amount of knowledge and patience. Would recommend and will be using again in future.

13.02.2024

admin

I’ve been using Taylormade Finance since 2018, Ian is a fantastic advisor and will always manage to find the best deal around for whatever your circumstances may be! As a lifetime customer Ian will contact me if there is a change in markets that may affect me and advise best course of action - even managed to renegotiate at short notice this year and save me a couple hundred quid per month when rates fell. Excellent service, extremely competent team, they do all the work for you and that peace of mind is priceless!

13.02.2024

Talk to us

If you're unsure and need some advice just give us a call, our expert team of advisers are available to help you choose the mortgage that is right for you.

0345 305 2540 info@taylormade-finance.co.uk

By clicking on the above link you will be leaving the regulated site of TaylorMade Finance Ltd. TaylorMade Finance Ltd is not responsible for the accuracy of the information contained within the linked site.

TaylorMade Finance Ltd is authorised and regulated by the Financial Conduct Authority.

Complaints:

In the event that you wish to complain, you can contact us by email, telephone or letter.

Our address for this is:
Complaints Officer, TaylorMade Finance Ltd, 4 Church Road, Urmston, Manchester, M41 9BU. Our email address is info@taylormade-finance.co.uk and our telephone number is 0161 776 1089. We will then investigate the issues raised and inform you of our findings. Should you be unhappy with the resolution to your complaint you may contact the Financial Ombudsman Service, who can be contacted at the following address: Financial Ombudsman Service, Exchange Tower, London, E14 9SR.

Email: complaint.info@financial-ombudsman.org.uk
Phone: 0800 0234 567

Your mortgage will be secured against your property.

Your home may be repossessed if you do not keep up repayments on your mortgage.

A fee of up to 1.95% of the mortgage amount, subject to a minimum fee of £1,295 and an overall maximum fee of £2,995 payable on completion.