Obtaining a mortgage with no track record of self-employment isn’t easy, lenders would normally ask to see 2-3 years accounts before granting you a mortgage. However, there are lenders out there that will consider the mortgage by establishing the level of your pay based on your previous employed earnings and a projection of future earnings.

Additionally, it isn’t uncommon for tax to be paid efficiently if you’re self-employed. Some lenders have specialist underwriters that will use a multiple of your gross annualised contract rate or look to use your net/operating profit. Ultimately, this will result in the loan amount granted being based on a more accurate reflection of your earnings.