Who We Help
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We don’t charge for our initial assessment of your financial position & mortgage feasibility.
- 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
Are you near your year end? Would you like a no cost Assessment? Click here and we'll be in touch
We have experience in securing mortgages for the following;
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
