Bespoke mortgages for the self-employed
Smart, lender-savvy solutions for business owners.
Self-Employed Mortgages
Flexible mortgage solutions for business owners, directors, and freelancers. We know how to present your true financial picture to the right lenders.Let’s make your income work for you.
Leverage of retained profits
Many directors choose to retain profits within the business and draw only what’s necessary, often for tax efficiency.
We work with specialist lenders who understand retained profits and consider the overall health of the business, not just your payslip.
Director’s Loans Accounts
You may have a large directors loan account from money invested in to the business over a long period of time. Repaying a director’s loan account can be a perfectly valid, tax-efficient income stream.
Certain lenders will take this into account, especially where it reflects your long-term investment in the company.
One Year’s Accounts
Some lenders will consider applications based on only one year’s trading, provided there’s strong evidence of evidence that your business is likely to perform at that level moving forward.
We’ll guide you on how best to present your case.
Shareholdings
We can understand your level of shareholding, whether it be a complex structure vial holding company, or simply that you less than 50% of a company.
Some lenders take a blanket approach and exclude minority shareholders from affordability assessments, but we work with those who understand how your allocated share can still form part of a compelling case.
Pension Contributions
Significant pension contributions made in a single year can skew profit trends. While this reflects good financial planning, it can be misunderstood. We help explain these fluctuations in context to lenders, so they see the long-term picture, not just the line items.
Net profit before tax
Utilising your net profits before tax, can increase affordability drastically.
We know how to understand accounts, and position them with the lender to show what you could have drawn – not what you actually draw.
ERG Private Finance Ltd - trading as ERG Finance is an Appointed Representative of New Leaf Distribution Ltd which is authorised and regulated by the Financial Conduct Authority: FCA Number 460421. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Buy to Let mortgages and Commercial Lending are not usually regulated by the Financial Conduct Authority.