If you’re one of the UK’s 4 million+ self-employed professionals, you’ve probably been told that getting a mortgage is impossible. It’s not. Sure, there’s a few extra hoops to jump through, but that’s exactly what we’re here for. As a specialist mortgage broker for self-employed applicants, we handle the hard parts so you don’t have to.
We’re proud to officially be the number one mortgage advisor in Somerset and the South West for customer service, as well as the second best in the entire UK! Fingers crossed for one better next year 🤞
With access to more than 28,000 mortgage products from over 100 different lenders, we’ll be able to secure you an interest rate that keeps the most money possible where it belongs: in your pocket! 💷
We’ll support you with as much of the home buying process as we can by handling paperwork, recommending and dealing with solicitors, and even negotiating with estate agents on your behalf. 🏠
Because we always have your best interests at heart, you need to know that your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend on your circumstances.
The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed.
When you’re self-employed, lenders don’t always see what you see; a thriving business and a reliable income. What they see is complexity, and complexity makes them cautious.
A specialist mortgage broker for self-employed applicants changes that. We know which lenders are genuinely self-employer friendly, how to present your income in the most favourable way, and how to navigate the hurdles before they become rejections.
The result? Better rates, money saved, and a lot less stress…
Absolutely amazing service from start to finish. They replied to every message so quickly and made the whole experience feel really personal. I originally found the whole process of getting a mortgage intimidating, but they made everything so easy to understand. Right up to the day of the sale, we received weekly email updates, which was incredibly reassuring. Truly outstanding service.
Adele Sanford
Home Mover
Louis goes above and beyond. He’s polite, patient and explain things clearly and concise. He provides reassurance, especially when you’re new to the process. He’s flexible and has worked around family to support meetings at times that suit us. Louis has helped us more than anyone else in our moving house journey and I could not recommend him enough! Thank you so much for all your support.
Molli Jones
Home Mover
I recently had the pleasure of working with Janek on the purchase of my first home. As a first-time buyer stepping into the unknown, I had many questions and Janek answered every single one clearly and patiently. Janek was incredibly supportive throughout the process, always willing to work around my busy schedule and never once making me feel rushed. He made the whole experience far less stressful than I expected.
Jack Tucker
First-Time Buyer
I would highly highly recommend The Levels and will be recommending to anyone I know in the future! I feel so thankful and lucky that Nikki was my mortgage advisor, I couldn’t have asked for anyone more better! Nikki provided me with a lot of support and always kept me updated all the way through my application. Nikki was extremely patient with me and made sure I was financially stable before I agreed to anything.
Yasmin Knott
First-Time Buyer
The levels were professional, responsive and I trusted them completely to guide me to make the best decision for myself. I will highly recommend them to anyone looking for help with a mortgage. I cannot praise Luke enough, he was friendly, excellent at communicating and made me feel at ease throughout the whole experience. Luke was always at the end of the phone and the Teams calls we had felt relaxed, productive and informative.
Kate New
Home Mover
We don’t hire brokers based on how much they can earn us. They’re chosen because they genuinely understand the stress people can experience when it comes to financial decisions, and want to do everything in their power to take that stress off your shoulders.
It’s obviously easy for us to just say that; but fortunately we can also prove it. Last year we were officially named the best mortgage broker in the South West for customer service and second best in the whole of the UK. And these aren’t awards handed out by stuffy judges picking their favourites, they’re decided entirely by rigorously verified reviews from real people who have used our services.
Everyone wants to know they’re getting the best deal, right? Well, with our network of over 100 lenders and access to more than 28,000 mortgage products, we’re perfectly placed to find it. That means more money staying exactly where it belongs: in your pocket.
However, securing you a great rate now is just the start of our job. We’ll constantly monitor your mortgage throughout your entire fixed term and alert you the moment a better deal becomes available.
Book your free, no obligation consultation with one of our specialist mortgage brokers for self-employed applicant to discuss how we can support you. We know life gets busy so as well as standard working hours, we’re also available for evening and weekend appointments.
Self-employed applications differ from standard ones in two keys ways: the documents you’ll need to provide, and how your income is calculated.
On the documents side, you’ll need everything an employed applicant provides, plus two or more years of certified accounts, and SA302 forms or a tax year overview from HMRC covering the last two to three years.
When it comes to income, lenders don’t simply look at what you earn, they look at your net profit. If you’re a sole trader, most lenders will take your net profit figures from the past two to three years and work from the average.
The short answer is yes. The long answer is that most high street lenders require self-employed applicants to provide two years worth of documentation so they can accurately assess affordability. However, if that’s not possible for you, securing a mortgage is still possible albeit a little trickier. A situation like this is when using a mortgage broker becomes even more important due to their knowledge of lender’s criteria.
Lenders do favour steady, predictable monthly salaries as they’re considerably easier to assess. However, a fluctuating income is of course quite common when you’re self-employed, and the good news is that lenders understand that meaning it is still possible to secure a mortgage. It’s all about telling the right story with the right numbers, which is something we’ve got plenty of experience with
Still have questions?
Reach out to us anytime for assistance.
A good credit score is essential if you want to get the best deal on your self-employed mortgage. The first step you need to take is finding out exactly what your score is, which fortunately you can do in minutes and completely free of charge using the link below.
When you’re self-employed, you get the sweet perk of being your own boss, but wave goodbye to company sick pay. Getting income protection in place is therefore all the more important, and our specialist protection advisors can do just that for you, completely free of charge.
