We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Mortgage application - previously self-employed, now employed - advice needed please
Options

troyk2020
Posts: 2 Newbie
Hi guys, wondered if someone could help me please?
I was self employed for about 18 months up until March this year. I then took a new job and am now employed. I am looking to apply for a mortgage and wondered what lenders may require from me proof of earnings wise? Will my previous self-employment be relevant? or will they just go off of my recent payslips, statements, contract etc?
Thanks!
I was self employed for about 18 months up until March this year. I then took a new job and am now employed. I am looking to apply for a mortgage and wondered what lenders may require from me proof of earnings wise? Will my previous self-employment be relevant? or will they just go off of my recent payslips, statements, contract etc?
Thanks!
0
Comments
-
Payslips, maybe contract of employment.
Assuming the self employment has stopped/been cut back, they will not use that income as it is no longer an income.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
troyk2020 said:Hi guys, wondered if someone could help me please?
I was self employed for about 18 months up until March this year. I then took a new job and am now employed. I am looking to apply for a mortgage and wondered what lenders may require from me proof of earnings wise? Will my previous self-employment be relevant? or will they just go off of my recent payslips, statements, contract etc?
Thanks!0 -
I was in a similar situation - was self-employed for 2 years and stopped being self-employed at the beginning of March 2024. When I applied in March my lender (Santander) told me they couldn't proceed until I had my May payslip as they require at least 3 months as an employee. I then replied as soon as got my May payslip and they only asked for 3 months payslips, 3 months bank statements and 2 years P600
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards