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Self Employed Mortgage Advice in Middlesbrough

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Discover the possibilities of Self Employed Mortgages!


It’s not easy getting a mortgage when you are self-employed – regardless of what industry you happen to be in and how much money you make on an annual basis. That’s because traditional high street lenders ie banks and building societies can sometimes make self-employed applicants jump through more hoops in terms of proving their income.


Today’s working patterns are very different. In fact, there were 4.8 million people ‘working for themselves’ in 2017, compared to 3.3 million in 2001. That’s a jump of 1.5 million people – a huge number of potential customers in any one’s book.


The fact that self-employed individuals have to provide more evidence of their income to prove they can afford mortgage repayments has resulted in many people contacting out specialist Mortgage Advisors in Middlesbrough for help and advice.


Rest-assured we don’t work with any estate agency or particular lender so are at liberty to search thousands of mortgage deals. But better still we will sit down with you and listen to your circumstances. We’ll then match you with the best lender we can find – one who fits your specific situation.


As a Mortgage Broker in Middlesbrough, we have expert knowledge of self-employed lending criteria. As a result, we aim to get it right first time and find you the best product tailor-made for your circumstances


How does it work?Get a quote nowMeet your advisor

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

Mortgage Lenders 007

Popular Self Employed Scenarios in Middlesbrough

We work with all types of self-employed clients, all needing assistance with mortgages. Here are just a few of the scenarios that we are used to dealing with:


  • You have your own limited company or are self-employed as a freelancer in a particular industry. Then again, you may be a contract worker.
  • You’ve been told your credit rating isn’t what it should be.
  • You’ve only been in business for two years so can’t produce the standard ‘three years of income and expenditure accounts’.
  • Your business is a limited company and you take some of your profit in the form of dividends.
  • What you’d really like is someone to hold your hand throughout this complex process of trying to get a self-employed mortgage.


Traditionally, banks are not always very receptive when approached by their self-employed customers for mortgages. No matter how many years you have been banking with them or how much money you pay into your account on a regular basis, if their computerised lending criteria do not like your financial information, they will just say no.


We are used to dealing with complex mortgage situations.  All you have to do is get and touch with us and we will do the rest.

Why you should use a Mortgage Broker in Middlesbrough?

Although your options may be limited to certain lenders, the types of Mortgages which are available are still quite wide and varied. Even if your self-employed and looking for a landlord buy to let mortgage we may be able to help with our Mortgage Advice in Middlesbrough team. Whatever your situation, we don’t just give up with our clients, we bet you’ll be glad you came to us.

Improve your chances of getting a Self-Employed Mortgage

Apart from consulting a self-employed mortgage broker like ourselves, there are other ways you can ensure you stand a good chance of being successful in obtaining finance. One of the ways is to come directly to a broker for self-employed mortgage advice.


That’s because we have in-depth knowledge of the different lender’s self-employed mortgage criteria, and aim to get you with the right lender first.


Check out our feedback at Reviews.co.uk and see why so many people choose us when looking for a self-employed mortgage.


As your Mortgage Advisor in Middlesbrough, we are here to help you.  Get in touch with us today and make a date for your free mortgage consultation.

What our customers say

Common mortgage

Your free mortgage consultation in Middlesbrough will last round about one hour. We will then recommend a mortgage for you with no obligation for you to proceed and you can decide whether or not you wish to proceed with the mortgage.

As your mortgage broker in Middlesbrough, we carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for you. A credit check is then required for an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, a formal mortgage offer can be issued.

To avoid possible disappointment, we recommend you obtain an Agreement in Principle before you begin viewing properties in Middlesbrough. At the very latest you should obtain one prior to making an offer to assist your bargaining position.

An Agreement in Principle typically lasts for between 30 and 90 days depending on the Lender used. If your Agreement in Principle expires it can always be refreshed.

It may be possible to get a second mortgage on your home for things like debt consolidation or home improvements. It may also be possible to take out a mortgage on a second property if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let.

The minimum deposit when purchasing a house in Middlesbrough with High Street Lenders is typically 5%. This can be higher if you have had previous credit problems.

If you have had credit problems you can still get a mortgage but you may possibly be required to put down a higher deposit than usual, perhaps 15% of the property purchase price.

Once you have submitted at least one year’s accounts, you are able to get a mortgage. Most Lenders use your salary plus dividend to calculate the maximum mortgage, whereas others are known to go off your net profit.

It’s usually three payslips for an employee to prove income and the latest 2 years’ accounts for self-employed. You will also need to produce proof of ID, address and 3 months’ bank statements.

Our free consultation typically lasts up to an hour or so. We can turn round an agreement in principle within 24 hours. A formal mortgage offer takes about three weeks on average.



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 Middlesbrough.

Step 3

Make an offer on the property in Middlesbrough 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.

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UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
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