Self-employed Remortgage.
Done by an expert.

Remortgaging in general can save you money since, if you don’t, you’ll be switched to your lender’s standard variable rate (SVR), which will be higher and subject to increases if and when interest rates will go up again.

We also understand the challenges of being self-employed. Mortgage lenders tend to have stricter or specific criteria for the self-employed. This means finding the right mortgage for you can feel a daunting experience and be more challenging, unless you are guided by the right expert. Below we will de-mystify the complexity of mortgages for self-employed and highlight some of the most common questions if you want to remortgage as a self-employed.

Q: How can you help me maximise my business borrowing potential?

We pride ourselves on our in-depth understanding of finance. We work with accountants regularly and have the knowledge and experience to correctly read through your company accounts, how you receive your income, and the value that your business generates. This means that we know how to maximise your business borrowing potential.

Q: How do you present my business accounts to a mortgage underwriter?

When presenting your business accounts to a mortgage underwriter, our team takes into consideration various factors such as your income, expenses, the sector that you operate in, your track record and your overall financial stability. We make sure that your company’s financial information is discussed in a clear and comprehensive manner, to demonstrate your capacity to repay the loan. This comes as a result of our knowledge and experience, that will let us present you and your business in the most effective way in order to give you the best chances of approval.

Q: How is my income taken into account in your mortgage assessment?

When it comes to getting a mortgage, traditional lenders often only consider your salary and dividends as sources of income. However, we understand that the net profit of your business is also a crucial factor in determining your ability to repay a mortgage. You may also have a range of income sources and all need to be considered in the most effective way. Every business is unique and one size doesn’t fit all, so we work closely with you to understand your financial situation and tailor our approach with lenders that are most suited to meet your needs. Ultimately, we take the time to evaluate your business to reveal its true potential, and in doing so we may be able to help you borrow more money with your mortgage.

Q: Can you help me if I have been rejected by a mainstream lender?

Yes, we would like to help you and see how we may make a difference. We have access to specialist lenders that best understand the more complex needs of business owners and limited company directors. This means that if you have a complex background or you have been rejected by a mainstream lender, we may still be able to help you.

Q: Can you help me if I am a new business owner with only one year of company accounts?

Yes, we would also like to help you with that. The majority of lenders require at least 2 years trading history. However, depending on your circumstances it is also possible to get a mortgage if you only have a one year’s accounts history.