Get a mortgage with 1-year self-employed accounts

HMRC Self Assessment Tax Return


If you are self-employed with at least 1 year’s worth of accounts or HMRC tax returns, there are mortgage lenders that will accept this with no minimum trading period.


Self-Employed Trend¬†ūüďą


Recent CIPD research suggests that as many as 1 in 7 UK workers are now self-employed¬†or have become ‘selfies’, adding that¬†self-employed workers now make up almost 15% of the UK labour force (Feb 1st, 2018).

With that in mind, lenders are becoming increasingly aware that they will need to do more to help assist entrepreneurs who may not conform to the existing stereotypical model of self-employment.


How Mortgage Lenders Assess Self-Employed


Standard mortgage lender criteria has always been to request a minimum of 2 or 3 years accounts and then to average the income over the trading period.

This model is old and not representative of the modern self-employed applicant, but thankfully some lenders are starting to realise this.

More and more mortgage lenders are waking up to the fact that this old and tired self-employed underwriting assessment model needs tweaking to move forward with the times.


Self Employed


Changing Times


Recently, Newcastle Building Society unveiled its latest self-employed mortgage where it focuses on a new mortgage product for those applicants who are recently self-employed. The lender also announced that they will now apply an individual case-by-case assessment for all self-employed applicants moving forward.


Self Employed Lender Quote


Lenders that accept 1-year accounts or your latest HMRC tax returns


In addition to Newcastle BS, there are many other lenders who are able to accept¬†either one year‚Äôs business¬†accounts, completed/submitted returns (SA302’s), or a completed accountant‚Äôs certificate:

  • Aldermore Bank
  • Cambridge Building Society
  • Halifax
  • Kensington
  • Kent Reliance
  • Precise Mortgages
  • TSB
  • Vida Homeloans


All of the above lenders can consider self-employed applicants who have been trading for at least 12 months (subject to further eligibility assessment).

We can help identify the most suitable lender to meet your self-employed circumstances and process your mortgage for free.

We work closely with the lender business development managers to present your self-employed case in the best possible light, no matter how unique your circumstances are and we do not charge any broker fees.


‚ě°¬†Get started on your self-employed mortgage


Absolutely first class! Ben and Glow are fantastic.. Moving with the times with their instant messaging service. This is the way business is going and its great to see a service such as this be done this way. After struggling to obtain a mortgage with various lenders Ben had me an offer in less than a week. Incredible!Can't wait to move into my first place and its all thanks to Glow.. My thanks go out to you all!
Toby Poirier
Toby P.
15:11 10 Jun 19
If your looking for a mortgage broker, then I promise you, you don't have to look any further!!I'm so pleased I had Ben to help us with our mortgage application. He helped us to understand things and make us feel more confidant and secure, in the biggest decision we have ever made. He is a thoroughly nice person, very friendly, down to earth and highly professional. He is quick to respond to emails/phone calls and kept us constantly updated. I would highly recommend him to anyone and definitely use him again! Thank Ben. Ben H
ben harry
ben H.
18:18 29 Apr 19
I found about Glow Mortgages online and read the reviews about them, just like you are doing now. I tried the online forms on the website but it was not very user friendly so I abandoned it and emailed Glow Mortgages. Ben replied and was very helpful, resourceful and worked out all the options patiently with us. I sent attachments by email rather than the website but always received formal documents through the website. Ben replies to emails promptly it would feel like you were in a chat room. I did not have any need to phone them because things worked so smoothly you had no real reason to call. I did speak with Ben once just to ascertain he was real :). The service is unbelievably good! Everything with Glow mortgages was speedily done, they will check on you to deliver requested documents if you forgot or keep you updated on the process. They work odd hours and always kept you updated on what to do next. They made sure we have all the papers required no matter what the situation could be with the lender, we got a very good deal in the end and could't be any happier. I will definitely be using Glow mortgages again in the future.
Sylvester O.
Sylvester O.
07:00 08 Mar 19
We would like to acknowledge the exceptional service that we received during the entire Mortgage process. Ben Onley,s professionalism and knowledge of the industry was impressive and truly appreciated. In the past, we have had experience with several others Banks/Lenders and have found the process frustrating and tedious. Ben went above and beyond to ensure that all of our needs were met and that everything was handled thoroughly and efficiently. We have and will continue to recommend him in the future.‚ÄĚRegards Gary & Cindy Morrell
Gary Morrell
Gary M.
10:43 22 Jan 19
Glow Mortgage were excellent. My advisor, Ben Olney, was so respsonsive no matter the time of day, offered great advice and guided me through each part of the process step by step. Everything is done online, is quick and easy. Highly, highly recommend. Very happy with the service provided!
Kirby Anderson
Kirby A.
15:32 30 Oct 18
Ben has been amazing from start to finish. He has been so speedy with his replies and keep in touch with me the whole way through my house buying journey. He’s always on hand to help at any time of day, any day of the week. He’s offered so much advice to help me through the process, as a new buyer I found this very helpful. He has kept on top of things and kept me in the know throughout. I have felt 100% confident and comfortable with his services and would recommend to anyone looking for a mortgage broker. The fact that everything is digital is amazing too! Saves so much time and is the way forward.
Danielle Smith
Danielle S.
19:22 30 Aug 18
A slick, efficient and fast service.At first I was very apprehensive about using a faceless online service for the most valuable transaction of my life but after doing some due diligence and chatting with Ben online, who provided his credentials, I took the plunge and was impressed with how smoothly the whole process was executed.I would happily use again and recommend Glow to others.
Nilesh Parmar
Nilesh P.
06:38 07 Aug 18

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£ 0

  • No Broker Fee
    We receive a commission from the lender on completion.

  • Whole of Market
    Access to over 100 mortgage lenders

  • Live Chat, Phone & Email
    Senior mortgage advisors available 8am - 10pm

  • Online Application
    Digital application from start to finish with access to your online Dashboard.

  • Digital ID Check
    Verify your ID and address digitally.

  • Track your Mortgage 24/7
    Track your mortgage application in real time and download important mortgage documents.
£ £££

  • Broker Fee
    Other brokers can charge a broker fee.

  • Appointments Required
    Appointments that may require you to book time off work or wait to see someone.

  • Phone & Email
    Other brokers may only be limited to phone and email communications.

  • Application Forms
    Having to fill out manual forms and paperwork.

  • Original ID Required / Face to Face
    No digital verification.

  • No Live Updates
    Having to chase by phone or email for an update.

Ben - Author


Author: Ben, Glow Mortgage Advisor (CeMAP, BSc Hons)

Date Published: 9th February 2018.