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Self-employed mortgages

For those working on a self-employed basis, this mortgage is available for applicants with only 1 year’s accounts.

If you run your own business or work on a self-employed basis, our self-employed mortgage products can provide you with more flexibility.

Product Criteria

  • Minimum 12 months’ accounts plus a projection of future earnings
  • 3 months’ personal and business bank statements
  • Minimum age 21
  • Minimum term 5 years
  • Maximum term 40 years
  • Interest only or repayment
  • Interest only to 70% max LTV and subject to an acceptable repayment strategy
  • Minimum property value £100,000
  • Minimum loan size: £30,000. Maximum loan size: £1,000,000 up to 80% LTV or £500,000 above 80% LTV. Loans over this are priced on a bespoke basis and have restricted LTV’s

Self employed

Self Employed Three Year Discount Mortgage

Initial rate

2.49% (variable)

Product period

Three Years

Then reverting to our SVR minus 1.00%

4.39%

Deposit required

40.00%

The overall cost for comparison is

4.10% APRC

Arrangement fee

£499

Self Employed Three Year Discount Mortgage

Initial rate

2.79% (variable)

Product period

Three Years

Then reverting to our SVR minus 1.00%

4.39%

Deposit required

20.00%

The overall cost for comparison is

4.10% APRC

Arrangement fee

£499

Self Employed Two Year Fixed Rate Mortgage

Initial rate

3.07% (fixed)

Product period

Fixed Until 30/04/2023

Then changing to our SVR minus 1.00%

4.39%

Deposit required

20.00%

The overall cost for comparison is

4.30% APRC

Arrangement fee

£999

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