Professional Mortgage Advice

Self Employed Mortgages

Mortgages for directors can sometimes be a struggle. This is because lenders often view self-employed borrowers as high risk. This is where we can help.

The assessments and criteria that lenders have for self-employed applicants can vary considerably, particularly mortgages for directors. This is because each lender has their own criteria and every business can be different.

Some lenders only consider mortgages for directors who have been trading for three years, whereas some won’t consider retained profits at all. It could be that you’ve only been trading for a year or the majority of your company profits have been retained in the business.

Mortgages for directors can be far from straightforward. We try and make the process as simple as possible. We are well placed to help since it's something we have considerable experience with and have secured many mortgages for self-employed applicants.

As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.