Who We Help

• You don’t ‘tick’ all the boxes with high street lenders
• You’ve been to your own bank & given up hope
• You’ve been to your own bank & had your time wasted

• You’re too busy running your own business to ‘shop around’
• Your income isn’t a straight forward, salaried payslip
• You’re probably paying too much & have been sat on the same interest rate for a while

Directors – with 1 to 30 staff

• Often taking a small salary & mostly dividends
• You’ve been trading for years as a sole trader and have recently incorporated to trade as a limited company
• You may have been trading for less than 1 year
• Your company profits may be great but yet your income not quite enough to take the mortgage you hoped to achieve
• There are often a small number of directors
• You know your business figures inside out but couldn't tell what your personal/ directors income is if questioned
• There is a great variation in maximum lending available, based on a number of lenders reviewing the same income levels and accounts information
• Complex incomes

We specialise in arranging mortgages for Ltd Company directors and the Self Employed

LLP

• Often accountants, solicitors and actuaries trade as LLP's
• Income could be from Salary, Share of Profit or Drawings
• Could be an Equity Partner or a Salaried Partner
• Complex income type

Self-Employed

• Lenders take Net Profit (not a salary) either before or after tax
• They may take an average of the last 2yrs or 3yrs figures; or 1yrs accounts plus an accountant’s projection
• Calculations may be dependent on whether profits, turnover and assets are increasing or decreasing
• Typically there will be low retained profits
• Often the majority, or all profits, are taken as drawings

Newly Qualified Professionals

• You may not have even started your first contract or employment yet
• You would like a mortgage based on your new income to be
• Want to buy somewhere to live in near their first job but it hasn’t started yet
• This can be Teachers, Doctors, Dentists, or other professionals

We arranged a mortgage for a teacher; their first year was a 1 year contract not a permanent position. The purchase and house move completed before she started her first day at her first job.

Partnerships

• Income could be from Salary, a % Share of Profit or Drawings
• Could be an Equity Partner or a Salaried Partner
• Complex income type
• Lenders may choose to use either net profit or gross profit

Specialist Contractors; IT, Oil & Gas Engineers

• Often change 'employers' or contracts regularly
• Lack of consistent history with one 'employer'
• Often high daily rates
• May be under an umbrella company
• Often operate through Agencies