It's Free to Speak to an Advisor, 7 days, 8am - 10pm
It's Free to Speak to an Advisor, 7 days, 8am - 10pm
You may have heard that it’s harder to obtain a mortgage as a self employed applicant in Liverpool. Although it may seem more of a challenge than ‘regular applicants’, as long as you have the correct accounts, a good credit file, regular work lined up and the right deposit.
Not to mention the help of a good mortgage broker in Liverpool like ourselves, choosing us by your side we will put you and your application in the best possible position to be in with a chance of being accepted by certain lenders on our panel.
It would be nice if everyone applying for a mortgage be treated equally, however lenders need to have complete faith that any self employed applicants have the funds to pay back each mortgage payment on time.
Any mortgage lender will examine key factors when determining whether or not they will lend to you. These include:
Self employed applicants who are wanting to know their options for purchasing a new property, or are already a homeowner who is looking to remortgage their property, will benefit from speaking with one of our entrusted members of our team.
Having worked in the mortgage industry for over 20 years, we have worked alongside many self employed customers each coming from a different background. Despite the different circumstrances, one thing was in common, they all got in touch with us in the hope of securing them the most suitable deal.
Our fast & friendly mortgage advisors in Liverpool understand the self employed mortgage lending criteria inside and out, we’ve developed a strong for being successful in this area.
In general, high street lenders will request at least 2 to 3 years’ worth of detailed accounts, including income, expenses, and operating costs. This thorough assessment helps them determine whether applicants can manage timely mortgage repayments. Some lenders also take into account retained profits within a business, which can influence affordability considerations.
Our Customers Love Us
4.98 Rating263 Reviews
Helen
Leo and the team have been exceptionally thorough in explaining all my options. I truly felt that Leo had my best interests at heart, going above and beyond even offering advice and support beyond his usual remit. He’s been incredibly patient with...
1 week ago
Steven
Always very helpful. Helped us buy our first house and have been great assisting with the remortgage process.
3 weeks ago
Mr James
Always friendly and provide sound advice. Very supportive look out for the best interest of the client.
4 weeks ago
Kevin
Brilliant from start to finish. No fuss. Chris found me a new deal with my existing provider. Have recommended this company to my friends.
1 month ago
Hannah
Fantastic service from beginning to end, extremely informative and supportive. Daniel was very easy to communicate with and provided all the information we needed.
1 month ago
Michael
Excellent service, always professional and friendly. This is the second time I’ve used moneyman and their advice has been invaluable. Jason and Lizzi have been outstanding.
1 month ago
Vitor
I am so glad I find this Mortgage Broker , specially Tom Bowes and Debbie Stones, they both were very professional and polite from start to end , they keep me informed and updated at all times, the process was very smoth and fast, highly...
1 month ago
Tarique
I wanted to say a big thanks to Paula, Leo, and the Liverpoolmoneyman team. Both Paula and Leo have managed to secure me a great mortgage deal. Making this whole process seamless and less stressful with clear communication during each stage. I would...
1 month ago
Tarique
I wanted to personally thank Leo Shakespeare, and Paula Milner. And the UK Moneyman team for outstanding customer service in securing my new mortgage. Your outstanding expertise, patience, and clear communication has made this whole process much...
1 month ago
Georgia
Daniel was so helpful throughout our remortgage process. We used Liverpool Money Man when taking out the original mortgage and we didn’t regret it at all, so helpful and made us feel so reassured at each stage. Thank you again!
2 months ago
Shauna
Matt and Debbie at Liverpool Money Man were so helpful throughout the process of securing me my mortgage offer. From start to finish, they were friendly & explained every step of the process. They were also easily contactable and responded to any...
4 months ago
Rajeetha
Very good service
5 months ago
Rajeetha
I am with Liverpoolmoneyman from 2020. Always reminding me the end of terms make good offer from mortgage providerS.
5 months ago
Katie
Very happy with the service provided. Both Dan and Jonathan were very informative and supportive throughout the process, and I especially thank them both for their patience in answering all of my questions and clarifying everything for me. I will...
6 months ago
Anonymous
Very patient crew although we showered them with a lot of questions and frequently asked for updates
7 months ago
Ryan
Would highly recommend done all the leg work thank you Charlie/Jo and the ukmoneyman team
7 months ago
Nicholas
Really good and very helpful
8 months ago
Agnes
Johnathan went above and beyond to help me especially in the last few weeks of the process. I would highly recommend Liverpoolmoneyman-Mortgage Brokers, he definitely went the extra mile for me . Thank you Johnathan.
8 months ago
Marie
From start to completion a most positive experience. The initial advice from Dan and his courteous manner and patience throughout our dealings was exceptional. We were kept informed at every stage of proceedings by himself and Jonathan which...
8 months ago
Jake
Very impressed with the service from Jason! Always there to answer any questions and went above and beyond what we expected! Broke down all the details and technical information to a very easy to understand level, and made the process very simple....
9 months ago
It is quite common to find that lenders typically require a minimum of two years’ self-employment history, as they prefer to see evidence of this duration. Certain self-employed specialist lenders might consider applications with just one year of accounts. Nonetheless, for most mainstream lenders, a minimum of two years’ accounts will be expected.
When applying for a mortgage, even as a director of your own business, you are considered an employee. To qualify for assessment, most lenders will require that you own less than 25% of the shares in the company. Lenders combine the dividends drawn with your annual salary to calculate your overall yearly earnings, which then determines the maximum borrowing amount.
However, there are other lenders who base their calculations on net profit rather than dividends or salary. This approach can be beneficial for directors who keep their drawings relatively low.
Our team of knowledgeable and experienced Mortgage Advisors in Liverpool are armed and ready to assist you in you securing a self employed mortgage product that is most suitable to what you are hoping to achieve.
Everyone here will offer their full support and guidance across the entire of your mortgage process, providing you with expert mortgage advice in Liverpool and helping you to backup your mortgage application by referencing the income you earn and years of accounts’.
The perks of using a Mortgage Broker in Liverpool who understand the self employed lending criteria is we have access to 1000’s of unique and tailored mortgage deals to fit with many different self employed applicants in Liverpool. Once your advisor finds the most suitable deal for what you are hoping to achieve, we can start taking a look at how to prepare for your mortgage application.
The key difference between a self employed applicant to a regular applicant is how you evidence your income to the lender. Make sure to be open and honest to both us and your lender, it will hopefully put you in a much better position to run a smooth process to hopefully help you achieve your mortgage goals.
Our Mortgage Advisors in Liverpool work 7 days from early until late, always on hand to speak to customers at a time that suits them and their busy life. Make the most of our online appointment booking system and get yourself booked in for a free mortgage appointment with a dedicated and trusted Mortgage Advisor in Liverpool, with various time slots to choose from, subject to availability.
Discuss your situation and mortgage goals with a dedicated mortgage advisor in Liverpool.
During this appointment, your mortgage advisor in Liverpool will look at your tax year overview and tax calculations to work out your maximum affordability.
Our team will look through 1000s of mortgage products to find the best deal for your circumstances.
We will then find you a mortgage agreement in principle to help you back up any offers you want to make.
Once your purchase offer has been accepted, your mortgage advisor in Liverpool will submit your full mortgage application and evidential documents to your lender.
Throughout the process, a dedicated case manager will keep you up to date until you receive your official mortgage offer and complete your purchase.
Our service won’t just stop here. We will not only secure you the best mortgage deal, we will also recommend relevant insurance to protect you.
We will also contact you about the date of renewal of your mortgage to make sure you are always on the best deal.
Follow our ‘Book Online’ form and book yourself in for a free mortgage appointment; it’s never been easier to get self employed mortgage advice in Liverpool.
Mortgage lending criteria can be varied depending on the mortgage lender in question, especially when you’re looking to be matched up as a self employed mortgage applicant.
Self employed lending criteria always depends on the lender you are matched up against. Let our Mortgage Advisors in Liverpool take control to make sure you are suitably matched up with the most suitable mortgage lender for your situation. We aim to always get our decision right first time!
We love providing customers with a tailored service that is in line with what they’re looking to achieve. We will always have your best interests in mind.
We use our in-depth mortgage knowledge to find solutions for those who are truly in need of the assistance of Mortgage Advisors in Liverpool.
Working in the industry for over 20 years, as a Mortgage Broker in Liverpool, we have gained a lot of experience in helping various limited company owners, sole traders, and business partners that receive a salary, dividends or a mixture of both, in their quest to acquire them a mortgage on a property.
Most high street mortgage lender that can be thought of will use their own in-house credit scoring policies when they are determining whether or not a self employed applicant like yourself can take out a mortgage with them. These credit scoring policies are often based on the mortgage lenders’ history of working within the mortgage industry.
They will take the time to review mortgage repayment statistics of the past, any information they have gathered on repossession and other common patterns to determine what sort of case, to them, would be perceived as a high-risk when lending. Saving the lender both time and money and also yours.
In the past, lenders may have experienced more self employed applicants fall into debt than others who are employed. A lot of the main high street lenders out there may have tight lending criteria, with many wanting to see your profits increasing over three years accounts (minimum), with a selection of them taking a three-year average.
Whilst some lenders out there maybe only request one year’s worth of accounts, we recommend that you make sure that you are in the best possible situation as this will likely increase your success rate in your journey to obtain a mortgage with a lender.
We regularly converse with self-employed customers who for one reason or another have found approaching their bank directly for a mortgage to be rather difficult. Some of the reasons that we have heard for this include (but are not limited to);
Definitely hold off from going to speak with lots of different lenders by yourself, especially if you are not well versed in understanding their lending criteria. Doing so can negatively affect your credit score and perhaps even prevent you from obtaining a mortgage full stop.
We have worked alongside many self employed applicants in the past, each in need of fast & friendly Mortgage Advice in Liverpool.
Throughout our time as a skilled and acquainted Mortgage Broker in Liverpool, when speaking to various self employed mortgage applicants.
There are so many different scenarios that we came across below we listed some of the more popular scenarios.
We tend to find, banks are not best suited for self employed mortgage applicants when they are looking for Mortgage Advice in Liverpool. Because banks have automated systems and though it is unfortunate, no matter how long you have been banking with them or the amount of money that goes into your account regularly, if you get declined, that’s more or less the end of the line with that particular lender.
Situations like these are where the benefit of using a Mortgage Broker in Liverpool will be great to help and solve your mortgage queries. Our dedicated team can take the information they have accumulated on your financial position and goals, and try to find you a suitable lender whose criteria you fit.
Read our 263 Reviews
Liverpoolmoneyman.com & Liverpoolmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 9 Gallows Lane, Beverley, United Kingdom HU17 7FJ.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk.
© Liverpoolmoneyman 2025.
Contact
Follow Us
Liverpoolmoneyman.com & Liverpoolmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 9 Gallows Lane, Beverley, United Kingdom HU17 7FJ.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk.
© Liverpoolmoneyman 2025.
Speak to an Advisor – It’s free!
7 Days a Week, 8am – 10pm
