Getting a self employed mortgage often feels more difficult than it needs to be. The truth is, many self employed applicants are being approved every day. It’s simply a matter of how the application is put together.
Lenders do tend to ask for more documentation, especially around income. That doesn’t mean they’re saying no. They are just looking for reassurance. With the right help, it’s entirely possible to secure a mortgage on terms that suit your situation.
Speaking to a mortgage broker in Manchester who understands the self employed market can make a big difference. Rather than approaching lenders alone, working with a mortgage advisor in Manchester gives you a clearer, more confident route forward.
What Do Lenders Want to See?
Most lenders want to understand that your income is steady and sustainable. This usually means showing at least two years of accounts or tax returns, supported by SA302s or an accountant’s reference. Some lenders will work with just one year of figures, especially if the rest of your profile is strong.
Sole traders, limited company directors, and contractors are all looked at slightly differently. Some lenders focus on salary and dividends. Others may assess net profit or day rates. Knowing how your income is assessed is key. That’s where tailored mortgage advice in Manchester becomes valuable. It ensures your income is being shown to lenders in the most suitable way.
How Can a Mortgage Broker in Manchester Help?
Working with a mortgage broker in Manchester who regularly supports self employed applicants gives you an advantage. The process starts with a full review of your documents and financial situation. From there, a mortgage advisor in Manchester will recommend the most appropriate lenders based on how you’re paid and how long you’ve been trading.
Not every lender treats self employed income the same. Some will average your income over the last few years. Others may use your most recent year if it shows growth. Having someone in your corner who understands this can save time, reduce stress, and lower the chances of being declined.
Can You Get a Mortgage with Just One Year of Accounts?
It’s possible. While two or more years of accounts are usually preferred, there are lenders who will consider one year of trading, especially if other parts of the application are strong, such as a larger deposit or clean credit history.
If you’ve only recently started your business, it’s worth speaking to a mortgage advisor in Manchester early on. Even if you’re not quite ready to apply, they can help you understand what’s needed and what to work towards.
Is Mortgage Advice in Manchester Worth It?
If you’re self employed, getting mortgage advice in Manchester can lead to a better outcome. Self employed mortgages in Manchester are no harder than standard applications. They’re just a little different. It’s about knowing how to prepare, what to expect, and which lenders are best suited to your circumstances.
This is especially important if your income varies, you’ve had a strong first year, or you’ve recently changed how your business operates.
A mortgage broker in Manchester can help simplify the process, reduce delays, and give you access to lenders who understand self employed income.
Get Started With Self Employed Mortgages in Manchester
Whether you’re a sole trader, contractor, or company director, securing a mortgage is possible with the right support. The key is to present your income clearly, match with the right lender, and get everything in order before you apply.
If you’re looking to move home, remortgage, or buy for the first time, speak to a mortgage broker in Manchester who understands self employed mortgages. With the right advice from the beginning, you will feel more in control and much closer to getting the keys in your hand.
Date Last Edited: November 17, 2025
