Self-employed mortgages with one year's accounts
We want to make it as easy as possible for your self-employed clients to secure a mortgage. That's why, alongside offering the choice of our standard product range for established business up to 95% LTV, we also offer bespoke products for self-employed clients with less than two years' trading.
Key features:
- Bespoke product offering for newly self-employed applicants with less than 24 months figures;
- Available on loans up to a maximum LTV of 80% and mortgage term up to 40 years;
- Maximum age criteria of 80 years;
- Consideration of directors salary and dividends or share of net profit; and
- Option to provide either accounts, SA302 and overview or accountant's reference.
At Newcastle Building Society, every case is individually assessed by our team of experienced underwriters to ensure you and your customers receive the best possible outcome - no matter how complex the case.
Offer validity extended to six months
Our validity period for purchase and re-mortgage offers was recently extended to six months* giving you and your clients greater peace of mind during what can be a stressful time.
*New Build applications remain at the offer period of nine months.
Ready to make an application? You can find our latest product and criteria below:
Criteria ProductTalk to your dedicated Business Development Manager or contact your Intermediary Support Team at Intermediary.lending@newcastle.co.uk or 0345 602 2338.
Newcastle Building Society voted 'Best Medium Lender' by L&G
We are thrilled to have won 'Best Medium Lender' at this year's Legal & General Mortgage Club Awards!
Thank you to everyone who has voted for us and for your continued support. We couldn't have done it without the loyalty of our intermediary partners and the dedication and expertise of our team at Newcastle Intermediaries.
June 2023. Thank you for your support.