Not all services we offer are covered by the FCA
- enquiries@fridafinance.com
- 0333 339 4246
Not all services we offer are covered by the FCA
Getting a self employed mortgages does not necessarily mean it is stressful. Our specialist self-employed brokers provide an easy route to first-time buyers or those in need of a remortgage.
Whether you are a freelance designer in Camden, a contractor in Canary Wharf, a tech-based entrepreneur in Shoreditch, or a consultant in Westminster, our expert London brokers do it quicker and easier.
At Frida Finance, we understand the challenges of getting a mortgage as self employed individual, from stricter checks to proving income stability. That’s why we work with some of the best mortgage companies for self-employed individuals in the UK to connect you with lenders who value your unique circumstances.
Our London-based, experienced self-employed advisors know the market inside out and guide you every step of the way.
We partner with lenders who offer the best self-employed mortgage rates tailored to London’s housing market.
From using our London self-employed mortgage calculator to understanding requirements, we keep it stress-free.
Whether you are a London homeowner or investor, we help you choose the mortgage that works best for your goals.
Need to buy your first flat in Hackney? Need to buy a family home in Richmond? Need a remortgage in Croydon? We will get you a good match.
We understand the London fast-moving property market- and we make you one step ahead.
Applying as a self-employed borrower in London means you are meeting with specific lender expectations. Typical self-employed mortgage requirements include:
1. Change 2-3 years to we can get you a mortgage even with 1 year trading accounts
2. Income along with accountants certificate is acceptable
3. deposit starting from 5%
4. minor blips in credit report? We can still help.
5. contractor with no track record? We can still help
Plan before applying with our easy-to-use London mortgage calculator:
✔ Calculate monthly repayments.
✔ Compare mortgage terms.
✔ See how different deposits affect your rates.
It’s a simple way to plan and understand your borrowing power.
Smart Tips to prepare for a self-employed mortgage in London.
It needs additional preparation before getting a mortgage in London as a self-employed professional than the usual one. These are the tips in practice that can be used to make your case stronger and increase your chances of approval:
Every landlord’s journey is unique, especially in a diverse city like London. That’s why we offer solutions designed to meet your exact needs:
London Real estate costs are among the most costly in the UK. Having a deposit of 20 percent or above will not only lower the amount of money you are borrowing, but will also assist you in getting better rates on your mortgage.
Lenders in London scrutinize your credit report. By paying bills on time and minimizing outstanding debts and unnecessary credit applications, your profile can be made stronger.
As a freelancer, contractor, or business owner, it is important to maintain current and professionally prepared accounts to the lenders to demonstrate that your earnings are sound and well-documented.
Self-employed people working in London earn variable wages. A proven steady or rising income within the past two to three years will raise the confidence of lenders.
In case you are a contractor or freelancer, subsequent contracts and client contracts are a good testimony that your earnings will continue.
When using a broker who is knowledgeable in the property market of London, you access loan providers who are more lenient in self-employed applications.
Your consultant will confirm the amount before you choose to proceed but we estimate it to be 1% of the total borrowing.
