Self-employed mortgages

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 if they have 1 year's account or have seen an increase in income of 25% or more and want to use the latest figures exclusively for affordability purposes.

Who is this product suitable for?

• Self Employed borrowers with 1 year's accounts
• Self Employed borrowers who have 2 Years+ finalised accounts plus a rising income trend of more than 25% (if using latest figures only for affordability)
• First Time Buyers
• Existing Homeowners looking to move house or remortgage their existing property

Product Details

• Fixed and Discounted options (subject to availability)
• Repayment, Interest Only and Part&Part mortgages available  
• Maximum loan size: £3,000,000 up to 80% LTV, £1,000,000 up to 90% LTV
• Discounted Products: Unlimited overpayments are allowed without penalty
• Fixed products: Overpayments of up to 10% per annum of the original loan amount are allowed without penalty

Additional Details

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

• Business bank statements are not required as standard
• We request an accountants reference, including a projection