Being self-employed does not stop you reviewing your mortgage when a deal ends. The useful starting point is whether a new product with your current lender or a remortgage to another lender better fits your income, timing and plans.
If you have changed from employment to running a business, drawn less income this year or moved from sole trader to company director, tell us at the outset. Count Ready can compare the available routes, check current criteria and explain what evidence may be needed before an application. No adviser can promise acceptance or a lower rate.
This is a move to another mortgage product with your existing lender. Some straightforward switches can be made without a new affordability assessment, but the lender’s process and any changes you request matter. Ask for the products available to you, their fees and when a switch could take effect.
See Count Ready’s product transfer service for the wider explanation.
A new lender normally checks the property, your income, commitments and affordability. Its treatment of self-employed income may differ from your current lender’s. A move may offer a useful alternative, but legal work, valuation, product fees and timing can change the overall cost.
Our remortgage service covers the general moving-lender process.
These details make the first conversation more useful than an estimate of your borrowing based on income alone:
Find the end date of your current product, outstanding balance, repayment type and any early repayment charge. If the date is close, say so in your first enquiry.
Give a realistic view of the property’s value and say whether you want a like-for-like replacement, a different term or additional borrowing. Each change can affect the checks and costs.
Explain when you became self-employed, how you are paid now and any recent rise, fall or interruption. Include other applicants’ income and commitments where relevant.
Already switched work structure since taking out your mortgage? The newly self-employed page helps you set out that timeline.
For a new-lender application, the lender decides which income can be used and what evidence it needs. The answer depends on your business structure and its criteria; a high turnover or a good month is not automatically personal income available for mortgage payments.
Tax calculations, tax year overviews and accounts may help show taxable profits and changes between years. Explain unusual costs or a recent drop rather than presenting only your strongest period.
Salary, dividends and company profits need to be understood in context. Lenders differ in what they accept, and retained profits must not be added to income twice. The director mortgage page covers this in depth.
How you are paid — for example through a company, umbrella arrangement or PAYE contract — can change the route. Current and previous contracts, payment records and gaps may be relevant. See the contractor mortgage service.
Tell us what changed, when and why. A shorter record, falling profits or a new company does not have one universal outcome. An adviser can check suitable current criteria or help you plan what to prepare for a later application.
For document detail, use the existing self-employed income evidence guide. Appropriate income evidence and an affordability assessment remain important where the lender’s rules require them; a forecast alone is not a substitute.
Ask for a like-for-like comparison over a period that makes sense for your plans. A low introductory rate can be offset by a product fee. Extending the term may lower the monthly payment while increasing the amount repaid overall. Leaving a deal early can create an early repayment charge.
The mortgage calculators can help you explore repayments, but they cannot establish lender eligibility or the best option for your circumstances.
Share your deal end date, mortgage purpose, business structure and what has changed in your income. An initial outline is enough to begin.
We can discuss your existing-lender option and assess whether checking a new lender is worthwhile, using current criteria and the costs that matter to you.
If you choose to proceed, we explain the evidence and application steps. If timing or records make an application premature, we explain what to review next.
Advice is available by phone and online. Any fee for Count Ready’s advice is agreed before chargeable work; the Terms of Business set out the business’s fee and commission information. A lender makes its own decision on an application.
You do not need to attach a complete financial file to an initial enquiry. Agree a secure document route before sending statements, tax references or identification. If you are worried about keeping up repayments, contact your current lender promptly as well as seeking independent help.
Tell Count Ready when your deal ends and how your work or income has changed. We can explain which route is worth checking first and what information may be needed.
Request a remortgage discussionYour home may be repossessed if you do not keep up repayments on your mortgage.
You can explore a rate switch with your existing lender and a remortgage with another lender. A new lender will assess your current circumstances and may need income evidence. The available routes depend on the lender, the changes you want and your wider finances.
No. A product transfer is a switch to another deal with your current lender. A remortgage to a different lender is a new application and normally involves its own property, income and affordability checks. Compare the overall costs and terms of each route.
Some straightforward existing-lender switches can proceed without a new affordability assessment, but you should not assume that every change is treated that way. Ask your lender or adviser what checks apply to the particular product and any changes to borrowing or terms.
Explain when and why income fell and what the latest records show. A new lender decides how to assess the income it can evidence. An existing-lender option may also be worth comparing, but neither route is guaranteed or automatically cheaper.
Possibly, but additional borrowing can trigger further affordability and evidence checks, including with your existing lender. It also changes the amount secured on your home. Discuss the purpose, costs and repayment impact before deciding.
Start by checking the end date, any early repayment charge and when your lender will show new options. The sensible application timing depends on those dates, current products and any change in income, so tell the adviser if your deal ends soon.
Give your current deal end date, approximate mortgage balance, mortgage purpose, business structure and a short explanation of recent income changes. You can list the records available without sending tax identifiers, bank statements or ID through a general enquiry form.
General information, not a personal mortgage recommendation. Reviewed 3 October 2026 against the FCA’s responsible-lending rules and MoneyHelper’s remortgaging guidance. Current lender criteria, products and the facts of an individual case must be checked before acting.
