Self-Employed Mortgages in Sleaford

Expert help for contractors and company directors across Lincolnshire incl. Lincoln, Boston, Grantham.

Self-employed? Let’s make your case clear

Getting a mortgage when you’re self-employed should be about evidence, not guesswork. Lenders want to see stable income and up-to-date tax documents. We’ll help package your case so underwriters can say yes.

What lenders usually check:

Proof of income: recent accounts and HMRC documents like SA302 and a Tax Year Overview.
Affordability: assessments must follow FCA rules on responsible lending; policies reflect the MCOB 11.6 framework and Consumer Duty updates.
Market context: the Bank Rate is 4.00% (September 2025), which influences product pricing.

How we help:

Translate your income into lender-friendly numbers (sole trader, limited company, CIS, day-rate contractor).
Match your profile to lenders that accept dividends, retained profits or day-rate multiples.
Prepare a clean document pack, then manage the application through valuation and offer.

Depending on your setup, it might be worth comparing options like remortgaging or complex mortgage advice if your situation doesn’t fit the standard criteria. For an impartial guide, see MoneyHelper’s overview of the mortgage process. We’ll do the heavy lifting and keep the jargon out.

Unbiased Advice

Dedicated to providing trusted advice, we believe financing your home should be exciting and stress-free. Here’s just some of the lenders we work with;

We access the whole of the mortgage market to find the best mortgage to suit your needs.

Advice that fits how you run your business

Document pack sorted: SA302s, Tax Year Overviews, accounts and bank statements organised for underwriters.
Lender matching: We prioritise lenders that “get” self-employed income (dividends, retained profit, day-rates).
Plain English: Short calls, simple checklists, fast progress.
Local insight: Knowledge of Lincolnshire values and common property types helps set realistic LTVs.
End-to-end support: From DIP to offer and completion, we keep everyone in sync.

A clear path from docs to mortgage offer

We turn your accounts into a lender-friendly case, then manage the application through to offer and completion.

Gather & prepare

We collect SA302s, Tax Year Overviews, accounts and bank statements, then translate income the way lenders expect.

Match & apply

We target lenders that suit your setup (director, sole trader, contractor), agree the product, and submit a clean application.

Progress & complete

We handle underwriter queries, valuation and legals, keeping you updated until completion.

What matters locally for self-employed applicants

Local values influence your deposit, loan-to-value and product bands. Recent ONS figures show average prices around £237,000 in North Kesteven (Sleaford) and £184,000 in Lincoln (July 2025, provisional). We use these as benchmarks when planning your LTV and product shortlist.

Company directors: Some lenders use salary + dividends; others may consider retained profit with an accountant’s letter.
Sole traders & partnerships: Most assess average profits over 2–3 years; strong recent growth can be presented with context.
Contractors (incl. CIS/day-rate): Day-rate × 46–48 weeks is common with certain lenders; evidence of contract history helps.
Timing: Filing your latest return can unlock higher usable income if last year improved.

We regularly support applicants across Sleaford, Lincoln, Boston, Grantham, Newark, Stamford and Bourne, plus RAF-linked households where contract patterns and postings affect paperwork. We’ll tailor the approach to your setup.

We are family

Spolton Mortgages is a family mortgage broker founded by Nick and Kasia Spolton.

From our office in Sleaford, we provide mortgage and mortgage protection advice.

Well-known, and respected for providing trusted advice, we started by helping people find mortgages in Lincoln, Sleaford, and throughout Lincolnshire. Now we find ourselves helping people across the whole of the UK.

Our carefully selected panel of insurance providers

What our customers think

Useful Links

Impartial guidance and official rules for self-employed mortgages:

HMRC – SA302 tax calculation

HMRC – Tax Year Overview (Self Assessment)

FCA Handbook – MCOB 11.6 Responsible lending

Bank of England – Bank Rate (September 2025)

MoneyHelper – How to apply for a mortgage

FAQs

How many years of accounts do I need?

Most lenders ask for two years. A few will consider one year with strong evidence and a clean profile. We’ll shortlist lenders to fit your history.

I’m a director—do lenders use retained profits?

Some do, especially with an accountant’s letter. Others use salary plus dividends. We’ll pick lenders that align with how you pay yourself.

I’m a contractor—can you use my day rate?

Often, yes. Certain lenders use a day-rate multiple with proof of ongoing contracts. We’ll present your contract history clearly.

Should I wait to file my latest tax return?

If your latest year is stronger, filing first can lift your usable income for affordability. We’ll advise based on your numbers and timelines.