Can you get a mortgage if you're self-employed?

mortgages are in theory available to everyone regardless of their employment, however certain aspects of a self employed borrowers circumstances can make them ineligible to a lender, and it can be a little more tricky for them given that the criteria can be more in-depth and the need for documentation greater.

Another important point to make is that self cert or self certification mortgages are no longer available in the UK, these were products that allowed consumers to state their income without any form of proof and whilst it was a useful tool for a lot of self employed people, the system became widely abused and ended with people taking out mortgages that were too big for them to be able to afford.

There is always lot of talk in the media about how it is practically impossible to get a mortgage if you're self employed, in reality this couldn't be further from the truth, there are a wide variety of lenders that will accept applications from self employed borrowers, each of them taking a unique view on the deal meaning that with the help of a knowledgeable adviser there should be someone willing to lend to you providing the mortgage is affordable and you can provide the relevant documentation.