In an ever-evolving economic landscape, the rise of self-employment has become a defining feature. As entrepreneurs carve their paths and embrace the freedom of being their own bosses, one crucial aspect often poses a challenge – securing a mortgage, or so many believe. This is where our expertise comes into play.
Tailored Solutions for Self-Employed Clients
Company Account Mortgages
Navigating the financial intricacies of self-employment requires a tailored approach. Our commitment lies in understanding the unique needs of self-employed clients and the way their income is set up. We have lenders that can accept company net profits (at times operating profits) and Directors salaries as opposed to personal drawings (salary and dividends). For many limited company directors this works well…. We believe you shouldn’t be penalised for not taking every penny from your company and providing options where the income is assessed on company profits often works well and is a truer reflection of earnings in some cases.
Salary and Dividend Mortgages
For those who choose to compensate themselves through a combination of salary and dividends, our advisers will provide mortgage solutions tailored to your individual circumstances. We will generally review the last 2 years income… but don’t worry if your income has dropped there are plenty of lenders that are amenable to this.
As above, the use of net profits for sole trader and partnership is common practise. We will review your track record and put you in the best light possible when presenting your mortgage to the proposed lender.
Our advisers are trained to fully understand the complexities of self employed income and are fully familiar with the different ways income is received. We are experts in providing tailored mortgage options from the best lenders and keep fully up to date with the ever changing criteria changes.
Liaison with Your Accountant
We believe in a collaborative approach. Our team are happy to actively engage with your accountant to gain a comprehensive understanding of your financial situation. This ensures that every aspect of your self-employed income is considered when structuring your mortgage. Through this collaboration, we aim to provide a seamless and efficient mortgage process that leaves no stone unturned.
Why Choose Us?
Expertise and Understanding
With a dedicated focus on mortgages for self-employed individuals, our team brings a wealth of expertise to the table. We understand the nuances of varying income structures and business models, allowing us to tailor mortgage solutions that align with your unique financial landscape.
Our commitment extends beyond securing a mortgage; we are dedicated to providing personalised guidance throughout the entire process. From the initial consultation, to providing protection options, to the finalisation of your mortgage, our experts are with you every step of the way, ensuring clarity and peace of mind.
We value your time. Our streamlined processes are designed to make the mortgage application as smooth as possible. By liaising directly with your accountant, we aim to minimise paperwork and expedite the approval process, allowing you to focus on what you do best – growing your business.
At Everystep, we recognize the unique financial landscape of self-employed individuals. Our specialised mortgages cater to the diverse needs of business owners, providing a pathway to homeownership that is both comprehensive and tailored. Empower your journey of self-employment with a mortgage adviser who understands your needs.