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Self-employed mortgages

For those working on a self-employed basis, this mortgage is available for applicants with only 1 or 2 year’s accounts

If your client runs their own business or works on a self-employed basis, our self-employed mortgage products can provide applicants with more flexibility. This product is also available to First Time Buyers.

Product Criteria

  • Minimum 12 months’ accounts plus a projection of future earnings
  • 6 months’ personal and business bank statements
  • Minimum age 21
  • Minimum term 5 years
  • Maximum term 40 years
  • Interest only or repayment
  • Interest only to 70% max LTV and subject to an acceptable repayment strategy
  • Minimum property value £100,000
  • Minimum loan size: £30,000. Maximum loan size: £1,000,000 up to 80% LTV or £500,000 above 80% LTV. Loans over this are priced on a bespoke basis and have restricted LTV’s

Capital Repayment incentive (not applicable on fixed rates)

  • Borrowers can repay capital at any time and reduce the mortgage interest rate if they move into a lower LTV band, with no additional fee
  • LTV is always based on the original property value when the mortgage was taken out
  • Borrowers will never be required to move up to a higher rate

Self employed

Self Employed 90% LTV Three Year Discount Mortgage

Initial rate

4.29% (variable)

Then reverting to our SVR minus 1.00%

4.39%

Product period

Three Years

Arrangement fee

£999

LTV rate

90.00%

APRC

4.50% APRC

Self Employed 85% LTV 2 Year Fixed Rate Mortgage

Initial rate

4.17% (fixed)

Then reverting to our SVR minus 1.00%

4.39%

Product period

31.03.2024

Arrangement fee

£999

LTV rate

85.00%

APRC

4.50% APRC

Self Employed 80% LTV Two Year Fixed Rate Mortgage

Initial rate

3.27% (fixed)

Then reverting to our SVR minus 1.00%

4.39%

Product period

31.03.2024

Arrangement fee

£999

LTV rate

80.00%

APRC

4.30% APRC

Self Employed Three Year Discount Mortgage

Initial rate

2.79% (variable)

Then reverting to our SVR minus 1.00%

4.39%

Product period

Three Years

Arrangement fee

£499

LTV rate

80.00%

APRC

4.10% APRC

Self Employed Three Year Discount Mortgage

Initial rate

2.49% (variable)

Then reverting to our SVR minus 1.00%

4.39%

Product period

Three Years

Arrangement fee

£499

LTV rate

60.00%

APRC

4.10% APRC

Your home may be repossessed if you do not keep up payments on your mortgage