1 Year Self Employed Accounts

Posted on 11 July 2015 by Clare


Looking to get a mortgage but I am employed and my husband has been self employed for 1 year but has no accounts yet. In view of the large deposit we have would it be possible for him to be named on the mortgage/deeds to the property?


Hi Clare,

Although for some lenders, especially the larger high street ones, the lack of 3 years accounts may be an issue, there are still a good number of lenders who will look at a case such as yours, for a self-employed person.

It's certainly true too, that the larger the deposit you have, then the greater the degree of underwriting that many of the smaller lenders can offer. John Charcol is an expert in helping clients to secure freelance or self-employed mortgages. We typically approach lenders who we know are willing to look beyond the accountant’s assessment and take a broader view.

If you'd like to discuss your options in more detail, then please contact one of our consultants on 0344 346 3672 and they'll be able to give you a clearer idea of how we can help.

Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.

We recommend you seek professional advice with regard to any of these topics where appropriate.

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