Self-Employed Mortgages in Hove, Aldrington & Hangleton: A 2025 Approval Guide for Contractors and Directors

If you’re self-employed in Hove, a contractor in Aldrington, a limited-company director in Hangleton, or a sole trader working the seafront….you absolutely can get a mortgage in 2025. The key is packaging your income properly and matching it to lenders who “get” non-salaried earnings.

What lenders usually ask for

• Limited-company directors: last 2 years’ company accounts, SA302s/tax year overviews, and sometimes your latest 3–6 months’ business bank statements. Profit (salary + dividends, or salary + retained profit) matters.
• Contractors: a current contract and a track record. Many lenders annualise your day rate (e.g., £450 × 5 × 46 weeks).
• Sole traders/partnerships: last 2 years’ SA302s with a steady or rising trend.

Quick wins before you apply

• Tidy the credit file. Clear small debts, keep utilisation under ~30%, and make sure you’re on the electoral roll.
• Stabilise income flows. Avoid big one-off draws from the business just before underwriting.
• Evidence the story. If profits dipped during a project lull, explain it (and show the rebound on recent management accounts).

Deposit & rates

A 10% deposit is often workable; 15–20% typically opens better pricing. Rates change constantly, so think in products (2- & 5-year fixed, trackers) and overall affordability, not a single headline rate.

Local pointers

• Aldrington & West Hove: solid stock of flats where contractor-friendly lenders are active.
• Hangleton: family houses; directors using salary + dividends often fit well here on 85–90% LTV.
• Commuters: evidence of hybrid working can help if you’re stretching the affordability.

Why use a broker that handles “complex incomes”

Whole-of-market brokers who deal daily with complex incomes, self-employed and adverse credit can place cases most high-street branches decline. We can work with complex incomes, first-time buyers, remortgages, adverse credit, buy-to-let and more among our services, which fits this scenario.

Need a steer? Hove Mortgage Services introduces you to FCA-regulated brokers who work across Brighton & Hove and the surrounding areas.