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Self Employed Mortgage Advice in Essex

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Discover the possibilities of Self-Employed Mortgages!

Self-Employed applicants sometimes find it difficult obtaining mortgage offers and therefore can sometimes be quite restricted, which is why having a mortgage broker in Essex working alongside you can be incredibly beneficial.


There are many variances of lending criteria when it comes to self-employed criteria. It can be overwhelming if you are unaware of what the best offer is due to what’s on the market and it can be quite overwhelming. Our mortgage advisors have a multitude of knowledge when it comes to self-employed lending criteria. We work hard to ensure we get you the best mortgage product and lender for your personal circumstances, getting your self-employed mortgage application onto the right path.


Are you finding it hard to get a mortgage? We often find that clients who call have had some kind of difficulty with their bank or high-street mortgage lender. This can be down to multiple reasons, from your income structure, to fluctuating net profit, to simply they will not lend enough and so on.


If this applies to you, it is important that you do not try multiple lenders without being 100% sure what their lending criteria is. This is because it could have a negative impact on your credit score and may damage your chances of getting a mortgage full stop.


How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

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Popular Self Employed Scenarios

Self-employed applicants can often find the mortgage process a little harder than most. This can be down to not being a full-time employee with guaranteed hours. It is reasons like these why our experienced mortgage advisors in Essex are always ready to help you get your Mortgage application started and try to find the most appropriate deal for you. Right from the first time you get in touch, we’ll be on your side to try and help your mortgage dreams come true.


Contact us for mortgage advice in Essex to and we will book your free mortgage consultation.

Self Employed Mortgage Scenarios
– Purchase or Remortgage Deals

  • Differences in your personal situation.
  • Contractor or Freelancer Mortgage Advice in Essex.
  • Limited Company owners or Sole Trader mortgages.
  • Income structure – i.e. dividend, salary, mixed-income, retained profit, directors loan.
  • Refused a mortgage from your bank? i.e. poor credit, bank won’t lend enough, lending criteria, auto-decline etc.
  • Fluctuating net profit.
  • Have you got a strange situation and are wanting mortgage help.

What our customers say

Common mortgage

Your free initial mortgage consultation in Essex will last roughly around one hour. Your mortgage advisor will then recommend a mortgage for you with no obligation for you to proceed and you are then able to decide whether or not you wish to go ahead with the mortgage.

As your mortgage broker in Essex, we will need to carry out a Fact Find to establish what your needs are, prior to us recommending the most suitable mortgage for you and your circumstances. A credit check will be required for an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, you will be able to receive a formal mortgage offer.

To avoid the potential of having an offer rejected, we recommend you obtain an Agreement in Principle before viewing properties in Essex. We recommend that at the very latest, you should obtain one before you look at making an offer, as this can assist your bargaining position.

Your Agreement in Principle will usually last for between 30 and 90 days, depending on the lender that you go with. If it happens to expire, your mortgage broker in Essex can easily refresh this.

If you’re thinking about the future of your property, whether you’re looking at debt consolidation or home improvements, you may eligible for a second mortgage. This may also be a possible option if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let.

The minimum deposit required by a high street lender when purchasing a house in Essex, is typically 5%. If you have had past credit issues, this could be higher.

If you have had previous credit problems, the good news is you can still get a mortgage, though you may possibly have to put down a higher deposit than those with good credit, often around 15% of the property purchase price.

Once you have put forward at least one year’s accounts, you will be able to get a mortgage. A vast amount of lenders will use your salary plus dividend to determine the maximum mortgage you are eligible for, whereas others may go off your net profit.

For an employee to prove their income, they’re usually required to provide three payslips, whilst for self-employed applicants they’ll need the latest 2 years’ accounts. You will also need to present the lender with proof of ID, address and the latest 3 months’ bank statements.

When you engage in a free mortgage consultation with one of our Mortgage Advisors in Essex, your discussion will take around one hour. Our team can usually produce an Agreement in Principle within 24 hours of your appointment and achieve a formal mortgage offer within three weeks.

We make it so easy!
Our 4 step process

Step 1

A telephone call where we can take some initial details and find out about your plan of action to get to know your self-employed situation a bit better.

Step 2

You can take some time out to browse potential properties in Essex.

Step 3

Make an offer on the property in Essex that you have your eye on – we’ll finalise your figures and help you get your best deal as a self-employed applicant.

Step 4

Our mortgage advice and recommendations. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

Handy quick links

Essexmoneyman.com & Essexemoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

Essexmoneyman, Elizabeth House, 28 Baddow Road, Chelmsford, Essex, CM2 0DG.

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