Being self-employed can make finding the right mortgage more challenging, as every bank and building society has its criteria, and no two self-employed applications are the same. At KJ Mortgage Specialists, we take a personal approach to guide you through the process, ensuring you're in safe hands as we explore the best mortgage options for your situation.

Depending on how your business is set up – whether as a sole trader, limited company, or partnership – your income will be assessed differently. Here are a few key points to consider when applying for a mortgage as a self-employed individual:

• Not all mortgage providers have the same criteria.

• If you run a limited company, some lenders will use different elements of your company income to assess affordability.

• Some providers will consider just one year of self-employment to assess your mortgage application.

• Mortgage providers may use your most recent year's self-employment figures to determine how much they’re willing to lend.

• CIS workers and contract workers may be considered self-employed by some lenders, while others may treat them as employed – understanding the nuances of the market is crucial.

These are just a few factors that can make finding the right mortgage more complicated. With our in-depth knowledge of the mortgage market and self-employment mortgage criteria, we can help you find the most suitable lender for your needs.