Can self-employed get a 5% mortgage?

Yes, self-employed applicants and contractors can potentially access 95% loan-to-value mortgages with a 5% deposit, subject to lender criteria. Availability changes regularly and the key factor is affordability and evidence of income rather than employment status alone. Some lenders have improved low-deposit options in recent months, but contractor income must still be clearly evidenced. (The Guardian) Your home may be repossessed if you do not keep up repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage.