Self Employed Mortgages
Self-Employed Mortgages with Expert Support
Why Getting a Mortgage When You’re Self-Employed Isn’t Always Easy
Being self-employed shouldn't make getting a mortgage harder but too often, it does. Traditional lenders can be overly rigid, demanding multiple years of accounts, scrutinising income volatility, or simply misunderstanding how your business operates.
Whether you're a sole trader, company director, or freelancer, your income is valid, it just needs to be presented properly. Many people are told they can't borrow as much as they expected, or are turned away entirely not because they can’t afford it, but because lenders don’t know how to assess their situation.
At Limitless Finance, we specialise in helping self-employed clients secure mortgages that reflect their true financial position without unnecessary stress or delays.
How We Help You Turn Complex Income Into Real Borrowing Power
We work with self-employed individuals across all industries: creatives, consultants, tradespeople, founders, and more, translating complex income into clear, compelling mortgage applications.
Here’s what you can expect from us:
- Specialist expertise in self-employed income structures (Ltd Co, dividends, retained profits, sole trader, etc.)
- Access to flexible lenders who understand the reality of running your own business
- Fee-free advice — we’re paid by the lender, not you
- Support with documentation — from accountant references to tax returns, we make it simple
- No judgement, just smart advice — even if your income isn’t perfectly consistent
- We don’t just find you a mortgage—we find one that fits your business, your income, and your long-term goals.
Why us?
99.5
%
Of applications approved
£
500
M
Worth of lending so far this year
2022
Best broker - Specialist Lending
2024
Best broker - customer excellence
Get your free income calculation here now
Contact us
Get in touch today for expert, fee-free advice on your RSU or bonus-based mortgage.
Frequently Asked Questions
Why is my first payment higher?
Your mortgage is paid in advance. After you complete on your new mortgage, it can take a little time for the bank to set up your regular payments.
This means your first payment usually includes the interest that has built up from the day your mortgage started as well as your first full monthly payment.
The bank will write to you after completion to confirm the exact amount and payment date.
Do I need to visit your offices?
No. All business can be completed via email and telephone.
If you wish to arrange an office visit, please contact the team.
Do I need a survey/valuation?
As part of the mortgage process, the bank will carry out a basic valuation of the property. This is often free of charge, though some lenders may charge a small fee.
For extra peace of mind, you can choose to have a more detailed survey completed before you commit to buying. We work closely with a specialist provider who can help arrange this for you.
What insurances will I need when getting a mortgage?If you’re buying a freehold property, your lender will require you to have buildings insurance in place before completion. We can also help you arrange contents insurance to protect your belongings.
Beyond property insurance, we recommend considering personal protection such as Life Insurance, Critical Illness Cover, and Income Protection. While these are not mandatory for your mortgage, they provide peace of mind by ensuring your mortgage and family are protected if something unexpected happens.
Because employer-provided insurance benefits can change, we don’t recommend relying solely on them to cover personal debt.
How much deposit will I need?
The minimum deposit required for a purchase in the UK is 5%.
The larger deposit you can provide, the lower the rate of interest the bank will charge.
Whilst there are products that allow you to purchase with 0 deposit, these tend to offer higher rates and have restricted criteria.
Speak to our team to find out more.
How long does the process take?
We can usually provide a good idea of your borrowing in a quick 15-20 minute call. An Agreement in Principle can be provided the same day, if required.
The full mortgage application process depends on the complexity of your situation, but rest assured our experienced client services team will project manage your application, liaising with all parties on your behalf to ensure a pain free process.
What makes Limitless different from other mortgage advisors?
We specialise in helping professionals with non-standard income, secure the loan they deserve – This includes RSU/GSU/Stock income and ad-hoc bonus or LTIP’s. We can also help Day Rate Contractors working inside or outside IR35, even if your income fluctuates.
With access to a wide range of lenders and a proven track record, we make it easy to secure the best mortgage deals even when your income is complex. Our service is individually tailored to your needs and offered completely free of charge.
What is the difference between a Standard Variable Rate and a Tracker Rate?
A Standard Variable Rate (SVR) is set by the lender and can change at any time. A Tracker Rate follows the Bank of England base rate and only changes when that rate changes.
For example, if the base rate rises, a tracker rate would usually increase by the same amount, while an SVR may or may not change.
What fees might I incur when taking out a mortgage?
Common fees include lender arrangement, valuation, and legal fees. While many brokers charge a broker fee, at Limitless we do not charge any fees. All our costs are covered by the bank, at no additional cost to you.
An early redemption fee may be payable if you redeem your existing mortgage deal early.
Can I get a mortgage if my income fluctuates?
Yes! Whether you’re on a day rate or have variable earnings, we’ll help you present your income in the best light to maximise your borrowing potential.
How much can I borrow as a contractor?
The amount you can borrow depends on your income structure, including day rates, contract lengths, and additional earnings. During your free consultation, we’ll assess your situation and provide personalised advice on how much you could qualify for.
What documents will I need to provide?
You’ll need to provide proof of income such as recent payslips, employment contracts, compensation statements, or tax returns, along with proof of residency and credit information. Don’t worry — we’ll tell you exactly what’s required and guide you through every step to make the process as smooth as possible.