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Self Employed Mortgage Advice in Derby

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Discover the possibilities of Self Employed Mortgages!

It can be frustrating being Self-Employed and trying to find lenders in Derby who will accept you. Quite often you will find that the headlines rates advertised on price comparison sites may not include Self-Employed applicants.


Having income which includes both dividends and salary can be problematic for fitting with certain criteria within such establishments such as banks, but we may be able to help.


We aim to make sure you’re in safe hands. We have years of experience offering Self-Employed Customers reliable Mortgage Advice in Derby to assist with the Mortgage needs and individual situations.


If you’re Self-Employed, we can help gather the necessary and correct information to help prove your income. Often, with one year’s accounts, we are able to help with an acceptable mortgage and get you on the right track.


Being competent and trusted Mortgage Advisors in Derby we have the knowledge to help you if you’re Self-Employed. We will help and support you with this however we’re able to. If you have already made a mortgage application and been turned down, then it’s important that you take a break, relax and wait.


Applying for more applications could hinder your chances of getting a successful mortgage. Instead, take the time and contact our dependable team today for a free, no-obligation consultation with one of our friendly Mortgage Advisors in Derby.


We will work with you from start to finish and find a lender that is more likely to accept you before we place any more applications.


How does it work?Get a quote nowMeet your advisor

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

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Popular Self-Employed Scenarios:

  • A sole trader, company director or in a partnership.
  • Concerned about high street bank criteria due to income assessment, credit score or not fitting their criteria.
  • Worried about having a profit that changes year on year.
  • A new business – trading for even as little as a year.
  • Not raising enough capital for the property you really want.
  • Getting paid a combination of salary, dividends, directors loans.
  • Waiting so that the net profit in the business can grow.
  • Needing trusted advice because you have an unusual or complex mortgage situation.
  • Trying to find time to start the process of sorting a mortgage.

Why you should I use a Mortgage Broker in Derby?

Our Mortgage Advisors in Derby will help and support you anytime you need them! The home buying process isn’t always easy so we’ll make sure to help you over any hurdles you face. We have no hidden agenda. We offer genuine Mortgage Advice in Derby solely for you, your individual needs and what’s in your best interest.


Please read our genuine customer reviews. Your service is really important to us and is what keeps us going!


Mortgage Advice in Derby is available at whatever time fits best with your work and family.  It’s the same service either way!


Unlike a Bank, we’re able to search 1000’s of mortgage deals in order to recommend the best one for you!


We’ll help you with any existing mortgages and properties in the background, and the options available with these if required.

What our customers say

Common mortgage

Your initial free mortgage consultation in Derby will last for roughly about one hour. An advisor will then recommend a mortgage for you, that you are under no obligation to accept and proceed with, if you decide it’s not for you.

As a dedicated and trusted mortgage broker in Derby, we will carry out a Fact Find to establish your circumstances & needs prior to recommending the most suitable mortgage for you. A credit check will then be required for an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been carried out, a formal mortgage offer can be issued to you.

We would highly recommend you obtain an Agreement in Principle prior to property viewings in Derby, to avoid possible disappointment, especially as this can boost your bargaining position pre-making an offer and can be obtained with the help of one of our mortgage advisors in Derby, free of charge.

A standard Agreement in Principle generally lasts for between 30 and 90 days depending on which lender you are with. If your Agreement in Principle happens to expire, it can easily be refreshed.

If you’re looking to make any potential home improvements or consolidate any debt, then it can be possible to get a second mortgage on your home. Second Mortgages are also usable for if you are wanting to take out a mortgage for a family member, a holiday home or a Buy to Let.

When purchasing a property in Derby, the minimum deposit a High Street Lender will usually require is 5%, though if you have had previous credit problems, this can be higher.

If you have had credit problems, it could still be possible for you to get a mortgage, however, you may need to put down a higher deposit than usual. This could be 15% of the purchase price.

You may still be able to get a mortgage once you have submitted at least one year’s accounts. Typically we find that, for the most part, lenders will use your salary + dividend to calculate the maximum mortgage. Alternatively, some may go off your net profit.

To prove your income to a lender, it’s usually three payslips for an employee. If you are self-employed, it’s the latest 2 years’ accounts. In addition you will need to produce the lender with proof of ID, address and the latest 3 months’ bank statements.

Your free initial mortgage consultation will typically last up to an hour. Our team have the ability to obtain an agreement in principle within 24 hours. A formal mortgage offer will take 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 Derby.

Step 3

Make an offer on the property in Derby 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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