Self Employed Mortgage Broker. We Find Mortgages Standard Brokers Can’t
Getting a mortgage when you’re self employed shouldn’t be this hard. But if you’ve spoken to your bank or a standard broker and been told you need two or three years of accounts, you’ve been given outdated advice. At Option Finance we specialise in self employed mortgages for limited company directors, sole traders, contractors, CIS workers and anyone with complex or variable income. We’ve been doing this for nearly 10 years and we know exactly which lenders will work with your situation.
The Problem with High Street Banks
Most high street banks have rigid criteria for self employed applicants. They want two to three years of accounts, they assess income in ways that don’t reflect what you actually earn, and they often decline applications without properly understanding how your business works. That’s where a specialist broker makes all the difference.
What We Can Do That Others Can’t
We have access to lenders that standard brokers don’t. Including a lender with a bespoke product specifically designed for complex income meaning if your income doesn’t fit the standard mould, we have options that most brokers simply can’t offer you.
We’ve also successfully placed self employed clients with high street lenders using just one year’s accounts. Most brokers will tell you that’s impossible. It isn’t you just need to know which lenders will consider it and how to present the application correctly.
Who We Help
We work with all types of self employed borrowers including limited company directors taking salary and dividends, sole traders with variable income, contractors and freelancers, CIS workers, newly self employed with one year’s accounts, and those with complex or multiple income streams.
If you’ve been told no elsewhere, speak to us before giving up.
Real Case Example
One of our clients had only one year’s accounts, the point at which most brokers and banks would have turned them away. We identified a high street lender willing to consider the application, presented the case correctly and got them approved. A high street lender means better rates than specialist lenders which made a significant difference to their monthly payments over the mortgage term.
Our Fees
We charge a broker fee of £499 for self employed mortgage cases, split to make it manageable £299 is payable on application and £200 is due on mortgage offer.
If your mortgage application falls through for any reason, your £299 application fee is fully refunded. No risk, no hidden costs.
Free Initial Advice No Obligation
The first conversation costs you nothing. Tell us your situation how long you’ve been self employed, how your income is structured, what you’re looking to borrow and we’ll give you an honest assessment of your options. No credit checks, no commitment.
Call us on 01332 470 400 or fill in our enquiry form to get started.
Your home may be repossessed if you do not keep up repayments on your mortgage. Option Finance Ltd is an Appointed Representative of Finance Advice Group Ltd, which is authorised and regulated by the Financial Conduct Authority.