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Self Employed Mortgages - Just Us Financial Solutions
Mortgage Broker London
Mortgage Broker London
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Self Employed Mortgages

Your home may be repossessed if you do not keep up repayments on your mortgage

The UK encourages the Self Employed and has always championed those brave enough to set up their own businesses. To those who are self-employed, however, it is not a great scoop to learn that, sadly, access to the mortgage market has been unrepresentatively challenging since the financial crisis of 2008.

Understanding the complexities of your business, making investment in it, setting up an efficient tax structure, the prudence of retained profits or having multiple income streams all seem like good planning to the successful share owner and director. To a bank this seems like complicated lending and sadly to most of them, too expensive to endeavour to understand.

To a lender, they’ll persuade themselves that your self-employed status makes you a greater risk than the employee of a company (no matter the underlying risk of that employee’s role nor the strength of the business behind it).

So some will look at salary plus dividends whereas others will look at net profit or net profit plus salary, yet others will take 1 to 3 years’ worth of accounts or calculate an average instead. It doesn’t tend to get your as far as you would like.

The good news is that we are entering a period of credit creation and that specialist lenders are opening up once again. With a consultative process and good planning along with access to lender’s you won’t have heard of – we’ll work with you to make your desired property purchase become a reality.

In turn, you are eligible for a range of tax deductibles which could include:

Although Just Us Financial Solutions is regulated by FCA, most buy-to-let mortgages are not regulated by the FCA.

Contact us today to discuss mortgages for the self-employed