If you’re self-employed and looking to buy a home in the UK, you may find it harder to get a mortgage than someone who is employed. This is because lenders tend to see self-employed people as higher risk. However, there are still plenty of mortgage lenders who are happy to work with self-employed people. In this article, we’ll take a look at some of the best mortgage lenders for self-employed people in the UK.
The Importance of Finding the Right Lender
When you’re self-employed, finding the right lender can be the difference between getting a mortgage and not getting one. Some lenders are more willing to work with self-employed people than others, so it’s important to do your research and find a lender that understands your situation.
NatWest
NatWest is a popular choice for self-employed people looking for a mortgage. They offer a range of mortgage products, including fixed-rate mortgages, tracker mortgages, and buy-to-let mortgages. They also have a dedicated team of mortgage advisers who are experienced in working with self-employed people.
Barclays
Barclays is another lender that is well-known for working with self-employed people. They offer a range of mortgage products, including fixed-rate mortgages, tracker mortgages, and offset mortgages. They also have a dedicated team of mortgage advisers who specialize in working with self-employed people.
Santander
Santander is a popular choice for self-employed people looking for a mortgage. They offer a range of mortgage products, including fixed-rate mortgages, tracker mortgages, and interest-only mortgages. They also have a dedicated team of mortgage advisers who are experienced in working with self-employed people.
HSBC
HSBC is another lender that is well-known for working with self-employed people. They offer a range of mortgage products, including fixed-rate mortgages, tracker mortgages, and buy-to-let mortgages. They also have a dedicated team of mortgage advisers who specialize in working with self-employed people.
Virgin Money
Virgin Money is a popular choice for self-employed people looking for a mortgage. They offer a range of mortgage products, including fixed-rate mortgages, tracker mortgages, and buy-to-let mortgages. They also have a dedicated team of mortgage advisers who are experienced in working with self-employed people.
Conclusion
When you’re self-employed and looking for a mortgage in the UK, it’s important to find a lender that understands your situation. The lenders listed above are all experienced in working with self-employed people and offer a range of mortgage products to suit your needs. Make sure to do your research and find the right lender for you.