"If you're self-employed, you normally need to do more to evidence your income. Ideally, you must demonstrate a steady income over the past 2 or 3 years. Many lenders now accept an HMRC SA302 form as verification of income. Our Mojo experts can help you navigate the process of applying for a mortgage when you're self-employed."
Self-employed mortgages with Mojo
We've partnered with an expert broker, Mojo Mortgages.
Just answer some questions about your situation and let Mojo's expert advisors guide you to a mortgage tailored to your needs. And the best part of it all is, it’s completely free (yes, really!).
With access to lenders across the whole of the market, Mojo advisors strive to save you money and find your best mortgage rate.
as of 30/01/2024
What our mortgage expert says
Mojo's customer says:
“Great service… After entering my initial information and details, the rest of the hardwork was done by Mojo. I regularly received calls as promised and was kept up to date through the whole process.”
Naeem - Mojo Mortgages customer (December 2023)
Learn about different mortgage types
are a type of loan used to buy a property. The mortgage is secured against the value of the property.
are designed to help give you that first step on the housing ladder.
are for when your current mortgage deal comes to an end.
are where you only pay back the interest each month. When your mortgage term comes to an end, you still owe exactly what you borrowed at the start.
aren't that different from a regular mortgage. But there are some important differences.
Tips & guides on self-employed mortgages
We look at joint mortgages, their pros and cons, and how they differ from other types of mortgage.
After what seems like an eternity of searching, you've finally picked the house you want. Now you need to buy it.
What is loan-to-value (LTV) and what does it mean for buying a house?
If you’ve taken a mortgage holiday or if you’re thinking about taking one, read on.
Need more help?
No, self employed people don't generally pay higher mortgage rates than others.
But if there are any complications with your application, you may find that the only deals available to you have higher rates.
This could be the case if you've only been self employed for a short amount of time or you have poor credit.
Yes, you can get a joint mortgage with someone who's self employed.
But they need to evidence their income properly. The lender needs to be satisfied you can make the payments.
If they don't do this, it increases the risk of you both being rejected which can impact both your credit scores.
To limit this risk, it might be worth speaking to a broker who can advise you both on what documents you need to provide.
YOU SHOULD THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME/PROPERTY. YOUR HOME/PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
The Financial Conduct Authority does not regulate mortgages for commercial or investment buy-to-let properties.
Confused.com is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions.Confused.com and Mojo Mortgages are part of the same group of companies.
Confused.com 2nd Floor, Greyfriars House, Greyfriars Road, Cardiff, CF10 3AL, United Kingdom. Confused.com is a trading name of Inspop.com Limited and is authorised and regulated by the Financial Conduct Authority. FRN 310635
Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376). We are authorised and regulated by the Financial Conduct Authority and are on the Financial Services Register (478215). Mojo’s registered office is The Cooperage, 5 Copper Row, London, SE1 2LH, and head office is WeWork No. 1 Spinningfields, Quay Street, Manchester, M3 3JE.
To contact Mojo by phone, please call 0333 123 0012.