We can help all self-employed people, if you are a sole trader or have a limited company, Lenders will take you income in different ways and we can select a lender who will maximise the amount you can borrow.
Some lenders can use your latest year accounts, this could be an advantage if you have had a good year’s profit. The lender would always check if this income is sustainable in the future to support your mortgage payments.
If you have only had only been trading for one year, we can help, you may have to use an accountant to produce projected next years accounts.
Sometimes you don’t want to take all the profit from your business (limited company) as you would have to pay extra tax to do this. We have lenders who will use your retained profit or percentage ownership of profit.