Self-employed mortgages

For those working on a self-employed basis, this mortgage is available for applicants with only 1 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.

For joint applications where only one applicant is self-employed with 1 year accounts, the case must be placed on our Self Employed range.

Product Criteria

• Minimum 12 months’ accounts plus a projection of future earnings, or
• 2 Years+ finalised accounts plus a rising trend of more than 25% income (if using latest figures in affordability)
• 1 months’ personal bank statement
• 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: £100,000. Maximum loan size: £3,000,000 up to 80% LTV, £1,000,000 up to 90% LTV. 

Please speak to the Intermediary Support Team for more information