Sole Trader or Ltd Company Director and need a mortgage?
Self-employed mortgages just got easier
There are numerous ways you can obtain a mortgage when self-employed and depending on your situation there will be different lenders who can be approached.
Let’s consider just some of the different scenarios where you will need one of ours experienced mortgage brokers to assist you:
– Recently changed to Ltd company from Sole trader
– Only 1-year accounts are available
– Latest years earnings less than previous years
– Loss in latest years
– Self-employed for less than 2 years
– Wish to use company profit vs own drawings
– Using retained profits
– Looking to use company profit before or after taxation
– Only salary is taken through the company
Getting a mortgage when you’re self employed is tough, but don’t worry we can help 😃
One of our experienced mortgage brokers will help establish what is the best way to present your income to the lender for you to achieve your requirements and also guide you through which documents are required.
Many of the lenders we work with are specialists with lending to the self-employed and also many of these lenders aren’t available on the high street and work exclusively with mortgage brokers.
Complete your details below and we’ll be in touch to help you with your enquiry
The benefits of being self employed
Being self-employed carries with it many advantages like being able to pay yourself more tax efficiently potentially, allowing for the funds being available choosing how much to pay yourself and also deciding to retain earnings to be paid in a completely different tax year.
However when it comes to the mortgage lenders they very often “view” things differently to what you might think and often focus solely on your “taxable earnings” which for all the right reasons might be quite low.
This is where we step in to guide you through your available options from well over 80 lenders and advise you on the most suitable option that meets your needs with a lender who is friendly to your income situation and likely to therefore lend to you.
Complete your details below and we’ll be in touch to help you with your enquiry
Your broker here to help
Often the lenders will make assumptions or even worse let the computer make the decision on whether to lend to you. This is where we step in and help advise and arrange to ensure you get the correct mortgage and consideration by the lender at the application stage and we present your application in the best possible light; therefore increasing your chances of acceptance at first application.
Our team of mortgage brokers are here and ready to assist you and we can speak at a time convenient for you and even over a video call if you prefer a face-to-face conversation with your advisor.
Why choose us
✅ Access to over 80 lenders so you will get the best rates available with many of these lenders not available on the high street which are exclusive to brokers
✅ Experienced advisors, so you’re in the safe hands of our advisors who will be able to assist whatever your circumstance
✅ Real relationships with the lenders so we can get your application pre-approved if your situation isn’t straightforward
✅ We’re quick, on our first call we will quickly establish your options and let you know the next steps so we can arrange everything promptly for you