How we can help your self employed clients
As of February 2023, there were around 4.4 million self employed people in the UK*, and borrowers are increasingly turning to brokers for advice. We're fully committed to supporting you and have a competitive proposition to assist your self employed clients.
Our proposition
We have a range of options available to suit your clients' diverse needs, including:
- Choice from our standard product range;
- Limited company directors can use salary, dividends and share of net profit for established businesses; and
- Each case individually assessed by our team of experienced underwriters.
Further assistance for those who need it
We understand that getting a mortgage when you are self employed can be a little more complex. Therefore, to further support your self employed clients requiring a more flexible lending approach, we offer a range of one year self employed products up to 80% LTV. These products are for applicants who have less than 2 year's track record and 1 year's full accounts:
- Available on loans up to a maximum LTV of 80%;
- Permitted for both house purchase and re-mortgage and on loans up to £1m;
- 10% overpayments per annum, allowing borrowers increased flexibility; and
- Change of trading style with 1 year's figures.
Visit our website for our full criteria and available products.
If you have any questions or would like to discuss a case, please get in touch with your dedicated Business Development Manager.
* https://www.statista.com/statistics/318234/united-kingdom-self-employed/