Yes, you can. You might find it’s a little more difficult than if you had the standard three year’s worth, but there are specialist lenders who will be willing to give you a mortgage.
There’s more than five million people in the UK who work for themselves – freelancers, contractors, company directors and sole traders. And loads of them have been told they can’t get a mortgage until they have three years’ worth of accounts proving their income. But it is possible. Even if you only have one years’ accounts.
Lenders have a responsibility to make sure they’re lending to people who can pay the money back. That means you need to give proof that you can afford your monthly repayments. If you only have one years accounts so far, lenders might ask to see extra documentation to prove your income. For example projections for income and information on your employment history or industry experience.
Working with a specialist mortgage broker makes all the difference. That’s where we come in.
We get how it feels when you’re refused a mortgage. We’ve been there. Haysto exists because the mortgage world is broken. If you don’t have a shiny credit rating, you’re self-employed with a complex income, or just don’t fit the mould, the odds are completely stacked against you. We just don’t think that’s fair.
Unlike others, we only work on bad credit, self-employed and complex mortgages. That’s all we do. And we’re up for a challenge.
No robots, no automated answers. We use technology to connect you to a real person. Not replace them.
Our platform connects you to the perfect specialist broker for free. We only get paid when your mortgage is approved.
Using our platform guarantees you’ll be matched with an expert who has a proven track record of making mortgages possible for people like you. Less processing, more understanding.