We are a whole of market mortgage brokerage and this means we have access to lenders who are willing to consider mortgage applications from self-employed people, even if you can only provide one year's worth of accounts.
We have lenders available to lend with one year's trading. We also have many high street lenders that will take the latest years income. This can make a big difference because as your business grows you may have previous years income which is generally lower because you have had setup costs or because you have generally been building your business.
Do not worry, we have a number lender who will take the latest years income rather than averaging and including your previous years. This can make a massive difference to the amount you can borrow.
We have high street lenders that will work with Prosper using.
- Latest Net Profit for Sole Trader.
- Salary plus share of Net Profit after Corporation Tax.
- Existing business owners who have switched status from Sole Trader to a Ltd Company.
- Company directors who choose to retain profits within their business.
We know the market inside out, so if there is a deal for you, we will find it. Give us a call and we will help you find the perfect mortgage.