Your home may be repossessed if you do not keep up repayments on your mortgage.
Self-employed and company directors
Mortgages for the self-employed and company directors
Our business is your business. We help sole traders, partners and limited company directors present their income clearly and find lenders whose criteria suit the way they are paid.
- Sole traders and partners
- Limited company directors
- One year's accounts considered
Your home may be repossessed if you do not keep up repayments on your mortgage.
Overview
Your income, understood properly
Self-employed income rarely fits neatly onto a standard application form. Profits can change from year to year, and directors often pay themselves a mix of salary and dividends. Not every lender looks at that in the same way.
For sole traders and partners, lenders usually assess your share of net profit, often using your SA302 tax calculations and tax year overviews. For limited company directors, some lenders consider salary plus dividends, while others may consider your share of the company's net profit. Understanding those differences can make a real difference to what you could borrow.
We take the time to understand how your business works and which documents you have available, then approach lenders whose criteria fit. We also help salaried employees, freelancers and business owners of every kind.
How we can help
Support that fits your situation
Sole traders
Lenders usually look at your net profit over recent tax years.
Partnerships and LLPs
Your share of the partnership profit, presented clearly.
Company directors
Salary and dividends, or share of net profit, depending on the lender.
Newer businesses
Some lenders consider one year of trading history, subject to criteria.
Changing profits
Rising or falling profits explained to lenders in context.
Working with your accountant
We can liaise with your accountant to gather the right documents.
What lenders look at
The things that matter most
Every lender has its own criteria. These are some of the areas they are likely to consider, and we help you prepare for each one.
- How long you have been trading
- SA302 tax calculations and tax year overviews
- Company accounts for directors
- Salary, dividends and retained profit
- Your credit history
- Your deposit and outgoings
How it works
Simple, from start to finish
A free first chat
Tell us what you are planning and we will explain your options. There is no charge and no obligation.
We find the right fit
We compare suitable mortgages from our panel of lenders and explain our recommendation clearly.
We handle the application
We package your application, deal with the lender and keep you updated at every stage.
Through to completion
We liaise with your solicitor and estate agent until the money is released, and we are here afterwards too.
Your questions answered
Frequently asked questions
How many years' accounts do I need?
Many lenders prefer two or more years of accounts or tax calculations, but some will consider one year, subject to criteria. Lending decisions always depend on your full circumstances.
Can retained profits be taken into account?
Some lenders may consider a director's share of net profit, including profit retained in the business, rather than salary and dividends alone. Criteria vary between lenders and acceptance is never guaranteed.
What documents will I need?
Typically SA302 tax calculations and tax year overviews for recent years and, for directors, company accounts prepared by an accountant. We will give you a clear list once we understand your situation.
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Free initial consultation
Ready to talk it through?
Your first consultation is free and there is no obligation. Speak to Charlotte and the team by phone or online, at a time that suits you.