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Relax, our advice is completely free
If you’re a self-employed electrician, plumber, builder, or tradesman trying to get a buy-to-let mortgage, you’ve probably already discovered that most lenders don’t understand how your business works.
You could be booked solid for months ahead, earning more than office workers, but suddenly they want three years of accounts, and they still might say no.
The problem is that some computer systems don’t fully understand how trades work. They see varying income – busy in summer, quieter after Christmas – and panic.
You might have just bought a new van and written it off against tax. Great for your tax bill, but now the bank thinks you’re skint.
We work with lenders who actually understand how tradesmen operate and won’t penalise you for being self-employed.
We know which lenders will:
•Look at your real income
•Accept that trades have busy and quiet periods
•Work with just one year’s accounts if needed
•Consider your upcoming work and contracts
We can explain to lenders that you’ve got three months of work booked, regular clients, and money flowing through your business – even if your accountant makes it look like you earn minimum wage on paper.
Most lenders want 2-3 years, but some will work with just one year if it’s a good one. If you’ve recently gone self-employed after years on the cards, some lenders will consider your employed history too.
Not with the right lender. They understand builders are busier in summer, electricians get more indoor work in winter, and everyone’s quieter in January. We’ll present your income properly so they see the full year, not just quiet months.
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