Self-employed
Your income, assessed fairly
Every lender reads self-employed income differently. We place your case with the ones that read it in your favour.
How lenders view your income
- Sole traders: net profit from SA302s and tax year overviews, usually one to three years
- Partnerships: your share of net profit
- Directors: salary plus dividends, or salary plus retained profit with selected lenders
- Contractors: day rate multiplied by working weeks, with the right lender
What to have ready
Two years of finalised accounts or SA302s, three months of business and personal bank statements, and an up-to-date accountant's reference where available.